Public versus private education when differential fertility matters

David de la Croix, Matthias Doepke*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

98 Scopus citations

Abstract

We assess the merits of different education systems in a framework that accounts for the joint decision problem of parents regarding fertility and education. Specifically, we compare the implications of a public and a private schooling regime for economic growth and inequality. We find that private schooling leads to higher growth when there is little inequality in human capital endowments across families. In contrast, when inequality is high, public education yields higher growth by reducing fertility differentials. Our analysis highlights the importance of accounting for endogenous fertility differentials when analyzing educational policies.

Original languageEnglish (US)
Pages (from-to)607-629
Number of pages23
JournalJournal of Development Economics
Volume73
Issue number2
DOIs
StatePublished - Apr 2004

Keywords

  • Education
  • Fertility
  • Growth
  • Human capital
  • Inequality

ASJC Scopus subject areas

  • Development
  • Economics and Econometrics

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