Bangladesh has experienced rapid fertility decline and reductions in under-five mortality over the last three decades …

We set up an open-economy, three-country version of the endogenous- mortality model of Lagerloef (forthcoming in the … International Economic Review). The model is calibrated to pre-industrial mortality data from England, France and Sweden. Fitting … parameters to match observed rates of correlation in mortality rates, the model can also account for: (1) differences in the …

talented young people still hesitate to attend college. This puzzle motivates this paper to test for whether college education … earnings risk from transitory earnings risks. Evidence indicates that investing in a four-year college education is indeed …

the past two decades, the return to college education has increased relative to high school education leading economists … negative relationship between returns to education and savings rates across most of the past century and also a negative … relationship between education spending and savings rates across OECD countries. In this paper, we present a model where a …