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

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Authors: Mark Gradstein
Cited by: 1
References: 60

Abstract

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.

Fields of Study & Subjects

Poverty Education and Child Welfare Intergenerational and Educational Inequality Studies China's Socioeconomic Reforms and Governance

Publication details

Journal / source
Journal of Population Economics
Publisher
Springer Science and Business Media LLC
Volume
39
Issue
1
Publication date
5 February 2026
Language
EN