This paper uses staggered bank branching deregulation across states in the United States to examine the impact of the resulting increase in the supply of credit on college enrollment from the 70s to early 90s. A significant advantage of our research design is that it produces estimates that are...

In this paper, we examine the consequences of imperfect information on the pattern of transfers from parents to children. Drawing on the theory of mechanism design, we consider a model of family contract with two levels of effort. We prove that equal transfers among children are expected under...

The impact of education on earnings and thus on poverty works largely through labour market. Along with some other socio economic factors, education does play a crucial role to alleviate poverty. Better educated people has greater probability of being employed, are economically more productive...

The ratio of skilled-to-unskilled labour stocks in the economy is widely acknowledged to have an important role for development. Can education policy affect the evolution of this ratio? This paper shows that it can: it also shows that the effect of education policy, for a given budget size,...

The interest of this paper is to show the effect of the action of the public power over the management of public expenditure on education. Our empirical attempt tries to clarify the direct and indirect effects of the efficiency of the government on the development of public spending for the...

The technology of cognitive and non-cognitive skills formation is characterized by the cumulative nature of learning processes and by the presence of significant complementarities and irreversibilities in the acquisition of such skills [Cunha and Heckman, 2007]. From this it follows that, in...

This paper uses different methods to evaluate the performance of students of public, subsidized, and private schools; distinguishing among for-profit and non-profit schools.

The essay makes an attempt to trace the influences that external political and socioeconomic factors like World Wars I, II and Great Depression had on higher education in the U.S. Higher education - autonomous and self – contained system - proved to be one of the center points of main societal...

The imported models of technical and vocational education, which were developed in a context of economic growth, proved incapable of supplying skilled labour that met the highly varied requirements of Eritrean production systems. The TVET policies followed by the independent Eritrea are aimed at...

The book Battling Corruption in America’s Public Schools by Segal (2004) is well written, easy to read, very interesting and provocative, and offers to the reader a wealth of detailed information of corrupt cases in the system of public schooling as well as an overview of corrupt practices...