Dick, Andrew W.; Edlin, Aaron S.; Emch, Eric R. - In: Contributions in Economic Analysis & Policy 2 (2003) 1, pp. 1-29
When parents save money for their children's college education, a portion of their savings is later taken away in the form of reduced eligibility for college financial aid. We estimate the long-run impact of this implicit asset tax by estimating family preferences over life-cycle consumption,...
