Work

Education fever: inequality, fertility, and growth, with application to China

Year: 2026
Type: article
Abstract: Demand for skilled labor and social status accorded by educational achievements induce a race to acquire education, dubbed “education fever.” In conjunction with credit market constraints and in the context of quantity-quality tradeoff, this, in turn, may reduce fertility, especially in well-educated families, and create cross-sectional inequality while limiting intergenerational mobility. The resulting inequality is persistent, which, in turn, may have adverse implications for economic growth. I argue that these phenomena are consistent with recent economic and social developments in China.
Language: English
Open Access status: hybrid
Estimated APC paid: $3,190
OpenAlex ID: W7128059169
FWCI: 12.4
Cites: 60
Cited by: 1
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