Title
Differential fertility and intergenerational mobility under private versus public education
Document Type
Journal article
Source Publication
Journal of Population Economics
Publication Date
7-1-2013
Volume
26
Issue
3
First Page
907
Last Page
941
Keywords
Differential fertility, Education, Inequality, Intergenerational mobility
Abstract
We study differential fertility and intergenerational mobility in an overlapping-generations framework with skilled and unskilled individuals. Assuming unskilled parents are less productive in educating children, we show that they choose higher fertility but less investment for child education than skilled parents. Public education reduces the fertility gap but may increase intergenerational mobility under certain conditions. We also find very different responses of fertility differential and intergenerational mobility to a variation in a preference or technology parameter. As the ratio of skilled to working population rises towards its steady state, average income rises, average fertility falls, but income inequality first rises and then falls.
DOI
10.1007/s00148-012-0445-5
Print ISSN
09331433
E-ISSN
14321475
Publisher Statement
Copyright © Springer-Verlag 2013
Access to external full text or publisher's version may require subscription.
Full-text Version
Publisher’s Version
Language
English
Recommended Citation
Fan, C. S., & Zhang, J. (2013). Differential fertility and intergenerational mobility under private versus public education. Journal of Population Economics, 26(3), 907-941. doi: 10.1007/s00148-012-0445-5
