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The Journal of Economic Inequality

, Volume 8, Issue 1, pp 23–33 | Cite as

Juvenile imprisonment and human capital investment

  • Leonid V. Azarnert
Article

Abstract

This paper analyzes the effect of juvenile imprisonment on educational investment incentives. The model shows that if some adolescents are likely to be in trouble with law, their chances to complete education and thus the expected value of investment in their human capital are negatively affected. As a consequence, their parents not only optimally invest less in the offspring’s education but also give birth to more children. The analysis helps to understand why some minority groups who for exogenous reasons are more likely to be convicted of crime exhibit higher reproduction rates and lower levels of education. It also demonstrates that prison education may have unintended adverse consequences.

Keywords

Imprisonment Human capital Fertility Economic growth 

JEL Classification

I2 J1 K4 O1 

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Copyright information

© Springer Science+Business Media, LLC. 2008

Authors and Affiliations

  1. 1.Department of EconomicsBar Ilan UniversityRamat GanIsrael

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