education, labour supply, and consumption/saving decisions. Altruistic parents make inter vivos transfers to their children … of funding for college education. We find that the current financial aid system in the U.S. improves welfare, and …

The standard summary metric of education-based human capital used in macro analyses-the average number of years of …) its virtues of simplicity and transparency make it a good candidate summary measure of education …

. Limited resources mean that policymakers must make tough choices about which investments to make to improve education …. Although hundreds of education interventions have been rigorously evaluated, making comparisons between the results is … for reporting gains from education interventions. The paper applies LAYS to compare the effectiveness (and cost …