Cremer, Helmuth; Pestieau, Pierre; Thibault, Emmanuel; … - In: Annals of Economics and Finance 6 (2005) 2, pp. 209-228
This paper studies the design of education policies in a setting of overlapping generations with heterogeneous individuals. Individuals differ in productivity (high and low earning ability) and in altruism (altruists and non altruists). Only altruistic parents invest in education out of some joy...
