Viaene, Jean-Marie; Zilcha, Itzhak - 2002
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 …