the rise in education investment in France and the USA. We use a computable general equilibrium model with overlapping … generations of individuals, and endogenous education decisions. Human capital is made of two substitutable components, experience … and education, both of them evolve endogenously over time. We calibrate this model on the post-war period and run …

experiments show that using means-tested education subsidies is the most cost-effective single policy option. However, for longer … time horizons, or as the economy gets closer to the poverty trap threshold, combining means-tested education and wage …

the rise in education investment in France and the USA. We use a computable general equilibrium model with overlapping … generations of individuals, and endogenous education decisions. Human capital is made of two substitutable components, experience … and education, both of them evolve endogenously over time. We calibrate this model on the post-war period and run …

experiments show that using means-tested education subsidies is the most cost-effective single policy option. However, for longer … time horizons, or as the economy gets closer to the poverty trap threshold, combining means-tested education and wage …

the rise in education investment in France and the USA. We use a computable general equilibrium model with overlapping … generations of individuals, and endogenous education decisions. Human capital is made of two substitutable components, experience … and education, both of them evolve endogenously over time. We calibrate this model on the post-war period and run …

experiments show that using means-tested education subsidies is the most cost-effective single policy option. However, for longer … time horizons, or as the economy gets closer to the poverty trap threshold, combining means-tested education and wage …