EconPapers    
Economics at your fingertips  
 

Education Choice and Human Capital Accumulation with Endogenous Fertility Model

Hiroki Tanaka () and Masaya Yasuoka
Additional contact information
Hiroki Tanaka: Doshisha University

No 222, Discussion Paper Series from School of Economics, Kwansei Gakuin University

Abstract: This paper sets an endogenous fertility model with endogenous education investment and examines determination of the share of households which select public education, income growth, income inequality, and fertility. Our paper presents consideration of policies of several types such as child allowances and education subsidies for private education and then examines how these policies affect education choice and other outcomes. Results show that a child allowance raises the share of households which select public education. Because of the tax burden, the subsidy for private education can not always raise the share of households which select private education. Furthermore, an increase in the subsidy for private education investment can not always raise the aggregate human capital accumulation even if the share of households selecting private education. The latter half of this paper presents derivation of policy allocations as a result of voting system and describes checking of the robustness of the obtained results.

Keywords: Education choice, Endogenous fertility, Income growth, Income inequality, Subsidy (search for similar items in EconPapers)
JEL-codes: J13 I22 H52 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2020-12
New Economics Papers: this item is included in nep-dge and nep-gro
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://192.218.163.163/RePEc/pdf/kgdp222.pdf First version, 2020 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kgu:wpaper:222

Access Statistics for this paper

More papers in Discussion Paper Series from School of Economics, Kwansei Gakuin University Contact information at EDIRC.
Bibliographic data for series maintained by Toshihiro Okada ().

 
Page updated 2021-04-14
Handle: RePEc:kgu:wpaper:222