Work

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

Year: 2024

Type: article

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. Findingsunderscore 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.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.17075143

Authors: Baldi, Mauro Maria, Coppier, Raffaella, Michetti, Elisabetta

Institution: University of Macerata

Language: English

Topic: Economic Growth and Productivity

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

Funder: Ministero dell’Istruzione, dell’Università e della Ricerca

Award: G1212448975