Allocation of Family Education Investment, Human Capital and Social Wealth Accumulation
A model of two period family education investmentreturn is established.The model involves a family,a firm and a central planner. The family consists parents,m sons and n daughters. In the first period,parents invest offsprings education,central planner subsidize their.In the second period,offsprings acqire human capital,and work in the firm. According to different human capital caused by gender difference ,the firm hire them as different wages.Parents retire and live on transfers that offsprings give in term of different rate of wages,and pensions that central planner gives.In the end,we explore impact of education investment idea on social wealth accumulation.
Family education investment Human capital Social wealth accumulation
Ming Guan
School of Economics and Management Xuchang University Road Bayi 88, Xuchang, China
国际会议
深圳
英文
115-117
2010-11-20（万方平台首次上网日期，不代表论文的发表时间）