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transfers to their own parents in order to instill appropriate preferences in their children. This generates a derived demand …. We argue that parents provide help with downpayments in order to encourage the production of grandchildren, and that such … a subsidization emanates from the demonstration effect: a child's propensity to furnish parents with attention and care …
Persistent link: https://www.econbiz.de/10010293715
This paper uses a game-theoretic model to analyze the disincentive effects of low-tuition policies on student effort. The model of parent and student responses to tuition subsidies is then calibrated using information from the National Longitudinal Survey of Youth 1979 and the High School and...
Persistent link: https://www.econbiz.de/10010283370
. Undergraduate students are presented with sets of jobs that vary in their attributes (such as earnings and job hours flexibility … students' perceptions about the types of jobs that would be offered to them conditional on their college major choices, we … relate these job attribute preferences to major choice. We find that students perceive jobs offered to humanities majors to …
Persistent link: https://www.econbiz.de/10011537997