increasing education and declining labor supply (of cohorts born 1850-1950) as an optimal response to increasing active life …

This paper estimates the effect of a major education reform on the intergenerational income mobility in Finland. The …-year comprehensive school and significantly reduced the degree of heterogeneity in the Finnish primary and secondary education. We …

Altruistic parents may transfer resources to their offspring by providing education, and by leaving bequests. We show … with only intended bequests, by enhancing incentives of parents to invest in their children's education. This result holds …

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 …

We examine economic growth, inequality and education when the wellspring of growth is the formation of human capital …

Many authors have recently suggested that the heterogeneity in the quality of early education may be one of the key …-1977 significantly reduced the degree of heterogeneity in the Finnish primary and secondary education. The reform shifted the tracking … age in secondary education from age 10 to 16 and imposed a uniform academic curriculum on entire cohorts until the end of …