suggests that under the private education system, income inequality is inversely associated with social mobility, and the … steady-state average talent of skilled workers declines as people make greater educational investments on their children …. Consequently, both intergenerational mobility and income inequality increase, and social welfare may improve under reasonable …

threshold students may make use of additional resources, such as private tutoring. We investigate how the use of private … successfully pass through this school, controlling for the students competencies after tutoring, but before the transition. Using … PISA and linked register data from Switzerland, we find that students who had private tutoring before the transition are …

maximizing income. This paper offers an alternative and less restrictive approach based on utility maximization. Using this …

. France and Flemish Belgium achieve the most equitable performance for students from different family backgrounds, and Britain …

of all college students fail to earn a bachelor's degree, we study a model of risky college completion. The central idea … is that students drop out of college mainly because they fail to complete the requirements for earning a degree. This … introduces two levels of ability selection that reinforce each other. (i) In college, low ability students typically do not …

individuals to acquire education may serve as an additional signal (to earned labor income) on the underlying unobserved innate … education, as a supplement to the labor income tax. …

willing to forego 46 pct. of their potential income in order to enjoy the consumption value of this educational type …

income. -- Higher education ; funding regimes ; human capital ; welfare …