The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …

partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U …-shaped way on education. To maintain a given level of human capital it is shown that a less efficient schooling technology … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined …

-run effects of capital markets integration, in equilibrium, on the optimal provision of education and growth. Third, we examine a … education with and without capital markets integration. First, we explore how regimes of education provision - public, private … competition game where countries compete in the provision of public education. …

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 …