components play a substantial role as witnessed by the impact of the design of several policies, namely education, intellectual …

strengthens the forces of comparative advantage. Finally, we examine an aspect of education policy concerning the spread of human …

We provide an assessment of the French ZEP (Zones d’Education Prioritaire), a programme started in 1982 that channels …

This Paper studies the design of education policies in a setting of successive generations with heterogeneous … individuals (high and low earning ability). Parents’ investment in education is motivated by warm-glow altruism and determines the … probability that a child has high ability. Education policies consist of a subsidy on private educational investments and possibly …

note that it is crucial that transfers to education are combined with intrafamily transfers to old-family members. We … characterise the set of self-enforcing transfers and show that there is a downward bias in the family provision of education. This … points to a number of potential effects of education policy and public pensions on human capital formation. …

This Paper studies the optimal education policy in the presence of different groups of households, with groups … differing in the distribution of the ability to benefit from education. The main result is that the high ability individuals … from groups with relatively few high ability individuals should receive more education than equally able individuals from …

achievements in education as well as its internationalization of education. Since 1978, the landmark for the foundation of the … Chinese modern higher education system China has made tremendous strides in education both domestically and internationally … producing serious scholars and a tremendous amount of scholarly output; more and more Chinese students seek higher education …

Recent research demonstrates that imperfect information about returns to education distorts schooling investments … the higher education production function, particularly for higher ability students, such information is insufficient for …