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

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Full-text Version

Publisher’s Version

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