There is evidence that young mothers do not have the opportunity to accumulate human capital for themselves, which can have a negative effect on theirchildren's outcomes. This study investigates the effect of young maternal ageon children's educational level. No significant direct effect of...

The purpose of this paper is to estimate the degree of competition of consumer loan industry in Japan utilizing responses to a questionnaire survey conducted by Japan Consumer Finance Association. Estimating the cost function, we found that the industry is characterized by large scale economies....