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Child Care Policy and Capital Mobility

Author

Listed:
  • Masaya Shintani

    (Kobe University)

  • Masaya Yasuoka

    (Kwansei Gakuin University)

Abstract

Earlier reports have described effects of child care policy on fertility and education investment in an endogenous fertility model. Nevertheless, these studies examine closed economies in which capital accumulation is achieved by saving or small open economies in which capital accumulation is not considered. We can regard a capital mobility model as another model for which capital accumulation in one country affects capital accumulation in another country. Our paper presents consideration of capital mobility and examines how child care policy in one country affects another country. Results show that child allowances and education subsidies positively or negatively affect human capital accumulation in the foreign country even if fertility and human capital accumulation can be raised in the country in which child care policies are provided.

Suggested Citation

  • Masaya Shintani & Masaya Yasuoka, 2021. "Child Care Policy and Capital Mobility," Economics Bulletin, AccessEcon, vol. 41(2), pages 398-404.
    • Handle: RePEc:ebl:ecbull:eb-20-00658
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    References listed on IDEAS

    as
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    6. Masaya Shintani & Masaya Yasuoka, 2022. "Fertility, Inequality and Income Growth," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 8(1), pages 29-48, March.
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    More about this item

    Keywords

    Capital Mobility; Child Allowance; Education Subsidy; Endogenous Fertility; Human Capital;
    All these keywords.

    JEL classification:

    • J1 - Labor and Demographic Economics - - Demographic Economics
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

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