Non-Monotonicity of Fertility in Human Capital Accumulation and Economic Growth
Spyridon Boikos; Alberto Bucci; Thanasis Stengos;
Subject: Fertility; Population Growth; Economic Growth; Human Capital Investment; Dilution Effects.
jel: jel:O41 | jel:J13 | jel:J24
This paper investigates the relationship between per-capita human capital investment and the birth rate. Since the consequences of higher fertility (birth rate) on per-capita human capital accumulation (the so-called dilution effect) are not the same (in sign and magnit... View more