This paper provides a unified theory of the economic and demographic transition. Individuals make optimal decisions … about fertility, education of their children and the type and intensity of the investments in their own education. These … formation, little longevity, high child mortality, large fertility and a sluggish income and productivity growth to a modern …

education characteristic of the pre-reform era has given rise to substantial inequality in access to higher levels of education …. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and …

perspectives, we discuss the theory of Doepke and Tertilt (2009), where an increase in the return to human capital induces men to …

accelerated. We find that human capital positively affects output per worker and productivity growth. In particular, in terms of …

learn. Higher parental education is associated with a greater ability to learn, lower skill depreciation, and a smaller time …

latter provides points according to applicants' education level but abstracts from the quality of their education. This paper … a 𝑞2 system results in a human capital gain or net brain gain for Country 1 (the high-education quality country) and a … >(<) 𝑆𝑝 if the quality of education in Country 1 relative to Country 2 is higher (lower) than the degree of preference for …