We study whether and how parents interfere paternalistically in their children’s intertemporal decision-making. Based … on experiments with over 2,000 members of 610 families, we find that parents anticipate their children’s present bias and … aim to mitigate it. Using a novel method to measure parental interference, we show that more than half of all parents are …

between the countries increase with the income prospects in ROW and the number of international students. Higher stay rates of …This paper presents a model of two countries competing for a pool of students from the rest of the world (ROW). In … foreign students lead to more ambiguous results. In particular, an increase in educational quality can be accompanied by a …

In this note, we present a novel channel for a brain gain. Students from a developing country study in a developed host … country. A higher permanent migration probability of these students appears to be a brain drain for the developing country in … benefits accrue in this host country. A higher education quality raises in turn the human capital of the returning students. As …

We present direct evidence on the link between children's patience and educational-track choices years later. Combining … an incentivized patience measure of 493 primary-school children with their high-school track choices taken at least three …