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The paper examines the scope for mutually beneficial intergenerational cooperation, and looks at various attempts to theoretically explain the emergence of norms and institutions that facilitate this cooperation. After establishing a normative framework, we examine the properties of the...
Persistent link: https://www.econbiz.de/10010261395
This chapter examines the scope for mutually beneficial intergenerational cooperation, and looks at various attempts to theoretically explain the emergence of norms and institutions that facilitate this cooperation. The contributions reviewed come from branches of economics as far apart as...
Persistent link: https://www.econbiz.de/10014023653
East and North Africa, and the rate is higher than 50 percent in some parts of the world. Consanguineous marriage generates … on human capital. The prevalence of consanguineous marriage and the resultant kinship networks can shape various … data from Turkey and leveraging an education reform which increased mandatory schooling by three years, we find that the …
Persistent link: https://www.econbiz.de/10013252380
the macro literature on education and growth. The fraction of the population more efficient at producing skills in the …) effect education on growth measured in the empirical literature. …
Persistent link: https://www.econbiz.de/10010282223
This article analyzes the consequences of integration in public education. I show that the flight from the integrated … multicultural public schools to private education increases private educational expenditures and, as a result, decreases fertility … among more affluent parents whose children flee. In contrast, among less prosperous parents, integration in public education …
Persistent link: https://www.econbiz.de/10010336046
-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (AFQT scores) and … individual differences in hours worked and education explain the remaining part almost equally. We show how our model is a … education. Finally, because policy changes induce simultaneous movements in observed choices and average per-year effects …
Persistent link: https://www.econbiz.de/10011625378
-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (Armed Forces … by heterogeneity while individual differences in hours worked and education explain the remaining part almost equally. We … reduction in the cost of higher education. Finally, because policy changes induce simultaneous movements in observed choices and …
Persistent link: https://www.econbiz.de/10011801771
This article analyzes the consequences of integration in public education. I show that the flight from the integrated … multicultural public schools to private education increases private educational expenditures and, as a result, decreases fertility … among more affluent parents whose children flee. In contrast, among less prosperous parents, integration in public education …
Persistent link: https://www.econbiz.de/10009246958
To design an optimal education policy, it is essential to account for the fertility differential between the poor and … children, determine the quality of children by choosing private expenditures on basic education in addition to public … expenditures on basic education, leave a bequest that could be used to finance college education. Moreover, there is an uncertainty …
Persistent link: https://www.econbiz.de/10010241308
the macro literature on education and growth. The fraction of the population more efficient at producing skills in the …) effect education on growth measured in the empirical literature. -- compulsory schooling reforms ; dynamic skill accumulation … ; comparative advantages ; returns to schooling ; education and growth ; dynamic discrete choice ; dynamic programming …
Persistent link: https://www.econbiz.de/10009522490