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|Title: ||Costs on a Child, Length of Education, and Accumulation of Human Capital|
|Authors: ||Jinno, Masatoshi|
|Keywords: ||Human Capital|
Length of Education
Costs on a Child
|Issue Date: ||30-Sep-2003|
|Citation: ||経済科学. v.51, n.2, 2003, p.49-62|
|Abstract: ||Today, there is a bipolar situation in the fertility rate : a high fertility yrate in developing countries and a low fertility rate in advanced countries. This paper presents a simple model to explain the reason. Parents choose the number of children they have, and the length and quality of their education. This paper shows that dependency of the cost of having a child of human capital plays a critical role in explaining the reason. If the cost is independent of human capital, there is only a positive relationship between the fertility rate and human capital per capita. If the cost is dependent on human capital, there are several relations between the fertility rate and human capital per capita. Cycles in human capital per capita may happen in the latter case.|
|Appears in Collections:||経済科学 (The Economic Science)|
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