We examine optimal government education expenditure policies in the form of cash transfers to school-aged children, with the objectives of enhancing intergenerational income mobility and reducing the skill premium. Using a calibrated overlapping generations (OLG) model tailored to recent...

Children and their parents resemble each other in terms of economic preferences such as patience and risk tolerance. What drives the intergenerational correlation in preferences? We build a model of preference formation that combines genetic transmission, state influence through childcare...

This article explores how Third Space Professionals in Mode 3 universities help bridge academic research and real-world application, fostering innovation, entrepreneurship, and social progress. They play a key role in mentoring early-career researchers, particularly by involving them in research...