Investment in Child Schooling: Theory and Evidence Usign Data from South Africa

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Investment in Child Schooling: Theory and Evidence Usign Data from South Africa

Author Info

Maitra, P.
Rammohan, A.

Additional information is available for the following registered author(s):

Pushkar Maitra

Abstract

This paper examines optimal investment in children's schooling using a two-period model. Children are assumed to contribute in an economic sense through child labour when they are young and through old-age security as adults. Parents therefore face a trade-off between current and future returns from children. The paper examines how the introduction of public tranfers affects parental decisions on children's schooling.

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Publisher Info
Paper provided by Sydney - Department of Economics in its series Papers with number 99-04.

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Length: 20 pages
Date of creation: 1999
Date of revision:
Handle: RePEc:fth:sydnec:99-04

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Paper
- Pushkar Maitra, 1999. "Investment in Child Schooling: Theory and Evidence Using Data from South Africa," Working Papers 9904, University of Sydney, Department of Economics. [Downloadable!]

Find related papers by JEL classification:
O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis

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