scarce, parental investments in their children's education may not be driven entirely by poverty and credit constraints. We … offer evidence that children's participation in child labor and schooling responds to economic returns to education in India …, which suggests implementing policies that raise the economic benefits of education - such as creating more high-skilled jobs …

to education for the poor during the economic crisis. Scholarships were targeted pro-poor and the allocation process … households' investments in education and utilisation of child labour. …

the frequently obtained conclusion that investments in higher education are too low are doubtful. The tests also show the … importance of further education and training, especially on-the-job training. …