Child policy ineffectiveness in an overlapping generations small open economy with human capital accumulation and public education

2011 ◽  
Vol 28 (1-2) ◽  
pp. 404-409 ◽  
Author(s):  
Luciano Fanti ◽  
Luca Gori
Keyword(s):  
Human Capital ◽  
Public Education ◽  
Open Economy ◽  
Capital Accumulation ◽  
Overlapping Generations ◽  
Small Open Economy ◽  
Human Capital Accumulation ◽  
Child Policy

A NOTE ON CREDIT MARKET DEVELOPMENT AND HUMAN CAPITAL ACCUMULATION

2013 ◽  
Vol 17 (7) ◽  
pp. 1525-1541 ◽  
Author(s):  
Wai-Hong Ho
Keyword(s):  
Human Capital ◽  
Capital Accumulation ◽  
Overlapping Generations ◽  
Credit Market ◽  
Market Development ◽  
Human Capital Accumulation ◽  
Self Selection ◽  
Selection Equilibrium ◽  
Cross Country ◽  
The Cost

This paper explores the interplay between credit market development and human capital accumulation in a two-period overlapping-generations economy with asymmetric information under the assumption that young lenders channel credits to young borrowers and acquire education. We find that, at the self-selection equilibrium, lenders will allocate more time to acquire education if the cost of screening borrowers falls. Furthermore, a longer duration of lenders' schooling time suppresses borrowers' incentive to cheat thereby enabling lenders to screen less frequently. Our preliminary cross-country empirical analysis appears to support these findings.

scholarly journals A Note on Child Policy and Fertility in an Overlapping Generations Small Open Economy: When the Labour Market Institutions Matter

2012 ◽  
Vol 2012 ◽  
pp. 1-6
Author(s):  
Luciano Fanti ◽  
Luca Gori
Keyword(s):  
Labour Market ◽  
Open Economy ◽  
Overlapping Generations ◽  
Small Open Economy ◽  
Public Provision ◽  
Market Institutions ◽  
Labour Market Institutions ◽  
The Public ◽  
Child Policy ◽  
Child Allowances

We examine how fertility reacts to the public provision of child allowances in a small open economy with overlapping generations. When the labour market is competitive, we find that a child allowance policy acts as a fertility-enhancing device. In contrast, when the labour market is unionised the child policy may be ineffective.

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