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illustrate its feasibility with an example from the education sector in Zambia. …
Persistent link: https://www.econbiz.de/10010325583
We apply theories of capital market failure to ana1yzeoptima1 financing of risky higher education. In the market … solution,students can only finance their education through debt. There isunderinvestment in human capita1, because some … equityfinancing of education coupled to provision of some income insuranceis the optimal way to finance education when private markets …
Persistent link: https://www.econbiz.de/10010325581
To raise school attendance, many programs in developing countries eliminate orreduce private contributions to education …
Persistent link: https://www.econbiz.de/10010325830
education. This paper documents an unintended negative effect of such programs. Using data from a randomized experiment that …
Persistent link: https://www.econbiz.de/10014189439
This paper studies the effect of multigrading-mixing children of different ages in the same classroom-on students' short- versus long-term academic achievement in Italy. We cope with the endogeneity of multigrading (and class size) through an instrumental variable identification strategy based...
Persistent link: https://www.econbiz.de/10013356481
This paper explores how a conditional cash transfer program influences students’ schooling decisions when program payments stop in the middle of the school career. To that end, I examine Mexico’s Progresa, which covered students only until the end of middle school (at age 15) in its early...
Persistent link: https://www.econbiz.de/10012114806
Structural funds are the most intensively used policy instrument by the EuropeanUnion to promote economic growth in its member states and to speed up the process ofconvergence. This paper empirically explores the effectiveness of European Structural Fundsby means of a panel data analysis for 13...
Persistent link: https://www.econbiz.de/10010324809
There is a growing interest, notably in development economics, in extending project evaluation methods to the evaluation of multiple interventions (“programs”). In program evaluations one is interested in the aggregate impact of a program rather than the effect on individual beneficiaries....
Persistent link: https://www.econbiz.de/10010325967
There is a growing interest in extending project evaluation methods to the evaluation of programs: complex interventions involving multiple activities. In general a program evaluation cannot be based on separate evaluations of its components since interactions between the activities are likely...
Persistent link: https://www.econbiz.de/10010326352
withrespect to parental human capital and wealth; (2) intergenerational transfers takeplace via parental education and, public … investments in education financed by taxes(possibly, with a level determined by majority voting); (3) due to investment inhuman … the production of human capi-tal, some attributed to 'home-education' and others related to 'public-education',and their …
Persistent link: https://www.econbiz.de/10010324734