to remedy. We also show that cognitive ability is not the only determinant of education, labor market outcomes and …

Within a model where the parents make the decisions relating to their children’s education, we show that skill dynamics … normally results in a sub-optimal situation involving income per capita. This derives from an under-education trap that is … redistribution policy makes it possible to increase output per capita and to reduce inequality because both increase the educated …

This paper documents patterns and recent developments on income inequality in Latin America (LA). New comparative … international evidence confirms that LA is a region of high inequality, although maybe not the highest in the world. Income … inequality has fallen in the 2000s, suggesting a turning point from the substantial increases of the 1980s and 1990s. The fall in …

training with the public higher education system. …

In the nearly fifty years since the adoption of the Higher Education Act of 1965, financial aid programs have grown in …

Three tax credits benefit households who pay tuition and fees for higher education. The credits have been justified as … an investment: generating more educated people and thus more earnings and externalities associated with education. The …

One justification for public support of higher education is that prospective students, particularly those from …