In the Philippines, no assessment has been done yet on the impacts of changes in household income and the free public secondary education act (Republic Act 6655) on the outcomes of education. Thus, this paper inquires on the impacts of these two factors on schooling outcomes, namely, net...

We estimate a dynamic model of schooling on two cohorts of the NLSY and find that, contrary to conventional wisdom, the effects of real (as opposed to relative) family income on education have practically vanished between the early 1980's and the early 2000's. After conditioning on a cognitive...

Income inequality and poverty risks receive a lot of attention in public debates and current research. However, the situation of families that di?er in size and composition is rarely considered more closely in this context. Relevant research typically relies on equivalence scales to make income...