either a concept-based, general' education or a skill-specific, vocational' education. General education is more costly to … policies favor vocational education will grow slower in equilibrium than one that favors general education. Moreover, the gap … education subsidy policy we demonstrate that the optimal subsidy for general education increases with the growth rate of …

The standard summary metric of education-based human capital used in macro analyses-the average number of years of …) its virtues of simplicity and transparency make it a good candidate summary measure of education …

. Limited resources mean that policymakers must make tough choices about which investments to make to improve education …. Although hundreds of education interventions have been rigorously evaluated, making comparisons between the results is … for reporting gains from education interventions. The paper applies LAYS to compare the effectiveness (and cost …