Skip to main content

Ability transmission, endogenous fertility and educational subsidy

Buy Article:

$47.50 plus tax (Refund Policy)

In this study, we attempt to investigate how educational subsidy, childcare allowance and family allowance affect economic growth and income distribution on the basis of simulation models which incorporate intergenerational ability transmission and endogenous fertility. The simulation results show that financial support for higher education can both increase economic growth and reduce income inequality, especially if the abilities of parent and child are closely correlated. In contrast with educational subsidy, raising childcare allowance or family allowance has limited impacts on growth and income inequality.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
No Article Media
No Metrics

Keywords: D30; H00; H20; H24; I20; ability transmission; educational subsidy; endogenous fertility

Document Type: Research Article

Affiliations: 1: Institute of Economic Research, Hitotsubashi University, 2-1 NakaKunitachi,Tokyo 186-8603, Japan 2: Institute of Economic Research, Hitotsubashi University, 2-1 Naka, KunitachiTokyo 186-8603, Japan 3: JICA Research Institute, Japan International Cooperation Agency, 10-5 Ichigaya-Honmura-cho, ShinjukuTokyo 162-8433, Japan

Publication date: 2013-06-01

More about this publication?
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more