The role of grandparents in grandchildren’s education for human capital accumulation in an overlapping generations model

IF 0.5 4区 经济学 Q4 ECONOMICS
Mauro Maria Baldi, Raffaella Coppier, Elisabetta Michetti
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引用次数: 0

Abstract

We develop an overlapping generations model to explore the role of grandparents in grandchildren’s education and its impact on human capital growth. We examine the quantity–quality (Q–Q) trade-off faced by parents in choosing the number and education of children, incorporating an active role for grandparents. Findings underscore the significance of the elderly in human capital accumulation, fertility, and economic growth. When grandparents invest more time, resources are freed, fostering greater human capital growth and mitigating the effects of the Q–Q trade-off.

世代重叠模型中祖父母在孙辈教育中对人力资本积累的作用
我们建立了一个世代重叠模型,以探讨祖父母在孙辈教育中的作用及其对人力资本增长的影响。我们研究了父母在选择子女数量和教育时所面临的数量-质量(Q-Q)权衡,并将祖父母的积极作用纳入其中。研究结果强调了老年人在人力资本积累、生育率和经济增长中的重要性。当祖父母投入更多时间时,就能释放资源,促进更多的人力资本增长,减轻 Q-Q 权衡的影响。
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来源期刊
Mathematical Social Sciences
Mathematical Social Sciences 数学-数学跨学科应用
CiteScore
1.30
自引率
0.00%
发文量
55
审稿时长
59 days
期刊介绍: The international, interdisciplinary journal Mathematical Social Sciences publishes original research articles, survey papers, short notes and book reviews. The journal emphasizes the unity of mathematical modelling in economics, psychology, political sciences, sociology and other social sciences. Topics of particular interest include the fundamental aspects of choice, information, and preferences (decision science) and of interaction (game theory and economic theory), the measurement of utility, welfare and inequality, the formal theories of justice and implementation, voting rules, cooperative games, fair division, cost allocation, bargaining, matching, social networks, and evolutionary and other dynamics models. Papers published by the journal are mathematically rigorous but no bounds, from above or from below, limits their technical level. All mathematical techniques may be used. The articles should be self-contained and readable by social scientists trained in mathematics.
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