Free Education: For Whom, Where and When?
Leonid Azarnert
DEGIT Conference Papers from DEGIT, Dynamics, Economic Growth, and International Trade
Abstract:
This article analyzes the effect of free public education on fertility, private educational investments and human capital accumulation at different stages of economic development. The model shows that when fertility is endogenous parental human capital levels are crucial for implications of free education. At early stages of development, if parental human capital is low, free access to basic education may provide the only chance to leave poverty. In contrast, at advanced stages of development, if parental human capital is high, the availability of free education crowds out private educational investments, increases fertility and may be detrimental for growth.
Keywords: free public education; private education; fertility; human capital; economic growth (search for similar items in EconPapers)
JEL-codes: I2 J1 O1 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2006-06
New Economics Papers: this item is included in nep-edu and nep-hrm
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Persistent link: https://EconPapers.repec.org/RePEc:deg:conpap:c011_024
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