development regimes and it illustrates wider role of education in tackling possible development traps. -- growth ; human capital … ; education ; time discounting ; discount rate ; poverty …

participation. We build an overlapping generations life cycle model with education, labor supply, and consumption/saving decisions …. Cognitive and non-cognitive skills of children depend on the cognitive skills and education of parents, and affect education … choice and labor market outcomes. Driven by both altruism and paternalism, parents make transfers to their children which can …

Parental transfers towards the education of children are non-trivial, especially in countries, characterized by both … imperfect credit markets and high economic growth rates. In this paper, we analyze the role of parental altruism on economic … growth and dynamic efficiency, especially when credit markets for education loans are missing. We demonstrate conditions …

participation. We build an overlapping generations life-cycle, heterogeneous-agent, incomplete-markets model with education, labor … supply, and consumption/saving decisions. Driven by both altruism and paternalism, parents make inter vivos transfers to … education. We find that the current financial aid system in the U.S. improves welfare, and removing it would reduce GDP by 4 …

Incentives to Improve Education identifies three categories of incentives: rewards, (financial rewards for teachers …), competition (educational choice, often in the form of payment for education by voucher) and threats (introduction of external …

education, labor supply, and consumption/saving decisions. Altruistic parents make inter vivos transfers to their children … of funding for college education. We find that the current financial aid system in the U.S. improves welfare, and …

participation. We build an overlapping generations life cycle model with education, labor supply, and consumption/saving decisions …. Cognitive and non-cognitive skills of children depend on the cognitive skills and education of parents, and affect education … choice and labor market outcomes. Driven by both altruism and paternalism, parents make transfers to their children which can …