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Education Subsidy, Fertility, and Growth

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  • Dessy, Sylvain E.

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Abstract

In this paper, we show that replacing a public-education regime by a private regime with public subsidization of education, causes agents to completely internalize the effect, on their offspring education, of their fertility decisions. As a result, fertility is lower compared to a public regime, while growth is enhanced.

Suggested Citation

  • Dessy, Sylvain E., 1998. "Education Subsidy, Fertility, and Growth," Cahiers de recherche 9822, Université Laval - Département d'économique.
  • Handle: RePEc:lvl:laeccr:9822
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    File URL: http://www.ecn.ulaval.ca/w3/recherche/cahiers/1998/9822.pdf
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    Cited by:

    1. Schäfer, Andreas, 2002. "Endogenous Growth with Endogenous Fertility and Social Discrimination in Education," Thuenen-Series of Applied Economic Theory 35, University of Rostock, Institute of Economics.

    More about this item

    Keywords

    Education subsidy; Fertility; growth; Income tax;

    JEL classification:

    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General

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