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Free Education: For Whom, Where and When?

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  • Leonid Azarnert

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.

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Bibliographic Info

Paper provided by DEGIT, Dynamics, Economic Growth, and International Trade in its series DEGIT Conference Papers with number c011_024.

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Length: 21 pages
Date of creation: Jun 2006
Date of revision:
Handle: RePEc:deg:conpap:c011_024

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Keywords: free public education; private education; fertility; human capital; economic growth;

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References

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