problem of sovereign bonds issued by peripheral Euro-States. The other is the fall in the rate of growth of the Eurozone …

This study articulates the interaction between institutional governance, education and economic growth. Given the … analyze the main mechanisms by which the macroeconomic impact of education on growth (and economic development) occurs. Our … current pursuit of education policy reforms and knowledge economy around the world, it is of policy relevance to theoretically …

This paper investigates the relationship between the size of an unfunded public pension system and economic growth in … an overlapping generation economy, in which altruistic parents finance the education of their children and leave bequests … argument of parental utility. Unfunded public pensions can promote growth when families face liquidity constraints preventing …

education on per capita economic growth, including cross-country, time series, and sub-national growth regressions. Studies … using male and female education as separate covariates show a larger effect of female than male education on growth, except … and statistically significant relationship between gender equality in education and growth based on 216 estimates from 17 …

We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary …-reducing. Expansive education policies may foster growth and reduce earning inequalities between workers, but only by transferring income … recent stylized facts on growth, distribution and education for the US. …

A simple classical-Marxian model of growth and distribution is developed in which education transforms low … education can have a positive effect on growth but by altering the distribution of income rather than by fostering technological …-skilled wages and profit income. We analyze the implications for class divisions, growth and distribution, of the transformation of …

public education and imperfect annuity markets, a decline in mortality affects growth through three channels. First, it …This paper examines the impact of declines in adult mortality on growth in an overlapping generations model. With … to increase the tax rate for public education initially but lower the tax rate in a later stage. Starting from a high …

In this paper education simultaneously affects growth and income inequality. More education does not necessarily … information on the nonlinear relationship between growth and education. … decrease inequality when the latter is assessed by the Lorenz dominance criterion. Increases in education first increase and …

growth and dynamic efficiency, especially when credit markets for education loans are missing. We demonstrate conditions …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 …