Investment in Child Schooling: Theory and Evidence Usign Data from South Africa.

This paper examines optimal investment in children's schooling using a two-period model. Children are assumed to contribute in an economic sense through child labour when they are young and through old-age security as adults. Parents therefore face a trade-off between current and future returns from children. The paper examines how the introduction of public tranfers affects parental decisions on children's schooling.

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Year of publication:	1999
Authors:	Maitra, P. ; Rammohan, A.
Institutions:	School of Economics, Faculty of Arts and Social Sciences
Subject:	EDUCATION \| FAMILY \| HUMAN RESOURCES \| HOUSEHOLD INCOME

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Series:	Sydney - Department of Economics.
Type of publication:	Book / Working Paper
Notes:	20 pages
Classification:	O12 - Microeconomic Analyses of Economic Development ; O15 - Human Resources; Income Distribution; Migration ; D11 - Consumer Economics: Theory ; D12 - Consumer Economics: Empirical Analysis
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005775654