Federalism, Fertility, and Growth
通过模型和OECD国家面板数据，分析联邦制（教育财政分权）对生育率和经济增长的影响，发现地方教育融资提高增长但加剧不平等，分权对总生育率和贫富生育率差距有微弱负效应。
Abstract This paper analyses the effect of federalism on fertility and growth. In a model with human capital accumulation and endogenous fertility, two regimes of education finance are compared: central and local. I find that local education finance yields higher growth at the price of increased inequality. The effect of federalism on total and differential fertility rates depends on the elasticity of substitution between children and consumption. The paper also empirically examines the relationship between fertility rates and fiscal decentralisation on a panel of OECD countries and finds a weak negative effect of decentralisation on total and differential (poor minus rich) fertility.