We argue that promoting education may be a means to reduceincome inequality. When workers of different skill levels … areimperfect substitutes in production, an increase in the level ofhuman capital in the economy reduces the return to education … atrade-off between the distortions of taxes on effort and the distortionsof education subsidies on the investment in human …

The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …

family of ideal values can be obtained by minimizing deviations from the individual expected rewards. Then we show the … relationships between the family of ideal values and two other classical families of values: the procedural values and the least …-ideal value. As two dual cases in the family of ideal values, the center-of-gravity of imputation-set value (CIS value) and the …

parental human capital;intergenerational transfers, accomplished via investment in the education of the younger generation … production is affected by 'home-education' , provided bythe parents, as well as 'public-education , which is provided equally to …

We examine how the gender of a sibling affects earnings, education and family formation. Identification is complicated … with sisters obtain lower education and give birth earlier than women with brothers. Our analysis shows that the family …