Azarnert, Leonid - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2006
capital accumulation at different stages of economic development. The model shows that when fertility is endogenous parental … human capital levels are crucial for implications of free education. At early stages of development, if parental human … of development, if parental human capital is high, the availability of free education crowds out private educational …