We examine economic growth, inequality and education when the wellspring of growth is the formation of human capital …

We examine economic growth, inequality and education when the wellspring of growth is the formation of human capital …

To design an optimal education policy, it is essential to account for the fertility differential between the poor and … children, determine the quality of children by choosing private expenditures on basic education in addition to public … expenditures on basic education, leave a bequest that could be used to finance college education. Moreover, there is an uncertainty …

development regimes and it illustrates wider role of education in tackling possible development traps. -- growth ; human capital … ; education ; time discounting ; discount rate ; poverty …

capital ; labor supply ; retirement ; training ; dynamic complementarity ; inequality ; returns to education ; (non …

Parental transfers towards the education of children are non-trivial, especially in countries, characterized by both … growth and dynamic efficiency, especially when credit markets for education loans are missing. We demonstrate conditions …

This paper studies how linear tax and education policy should optimally respond to skill-biased technical change (SBTC … effects due to wage-(de)compression, and iii) education distortions. Analytically, the effect of SBTC on these three … distributional losses, and it increases education distortions. Also, SBTC lowers optimal education subsidies, since SBTC generates …