Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/216512 
Year of Publication: 
2020
Series/Report no.: 
CESifo Working Paper No. 8116
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
This article analyzes the effect of public policy intervention in the production of health capital on fertility, private investment in children's health and education and human capital accumulation. I have used a growth model with endogenous fertility, in which the usual parental trade-off between the quantity and quality of their children is augmented with an additional factor that affects children's human capital, which is health. I analyze the overall society-wide effect of public policy intervention and derive a condition that determines precisely whether public provision of free health services increases or decreases the average level of human capital in the society.
Subjects: 
fertility
health capital
human capital
growth
JEL: 
D30
I12
J10
J13
J24
O10
O40
Document Type: 
Working Paper
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