Cremer, Helmuth; Gahvari, Firouz; Pestieau, Pierre - 2021
part through education. In addition to the customary externality source associated with a change in average fertility rate …) Investments in education of high- and low-ability parents must be subsidized, (ii) direct child subsidies to one or both parent … types can be negative; i.e., they can be taxes, (iii) net subsidies to children (direct child subsidies plus education …