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Education policy and intergenerational transfers in equilibrium
Abbott, Brant; Gallipoli, Giovanni; Meghir, Costas; … - 2013
This paper compares partial and general equilibrium effects of alternative financial aid policies intended to promote … education, labour supply, and consumption/saving decisions. Altruistic parents make inter vivos transfers to their children … of funding for college education. We find that the current financial aid system in the U.S. improves welfare, and …
Persistent link: https://www.econbiz.de/10009777700
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Education policy and intergenerational transfers in equilibrium
Abbott, Brant; Gallipoli, Giovanni; Meghir, Costas; … - 2016 - This draft: March 15, 2016
This paper examines the equilibrium effects of alternative financial aid policies intended to promote college … participation. We build an overlapping generations life-cycle, heterogeneous-agent, incomplete-markets model with education, labor … education. We find that the current financial aid system in the U.S. improves welfare, and removing it would reduce GDP by 4 …
Persistent link: https://www.econbiz.de/10011447151
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Education policy and intergenerational transfers in equilibrium
Abbott, Brant; Gallipoli, Giovanni; Meghir, Costas; … - 2018 - This draft: May 15, 2018
This paper examines the equilibrium effects of alternative financial aid policies intended to promote college … participation. We build an overlapping generations life cycle model with education, labor supply, and consumption/saving decisions …. Cognitive and non-cognitive skills of children depend on the cognitive skills and education of parents, and affect education …
Persistent link: https://www.econbiz.de/10011880035
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Can hiring subsidies benefit the unemployed? : hiring subsidies can be a very cost-effective way of helping the unemployed, but only when they are carefully targeted
Brown, Alessio J. G. - 2015
Long-term unemployment can lead to skill attrition and have detrimental effects on future employment prospects, particularly following periods of economic crises when employment growth is slow and cannot accommodate high levels of unemployment. Addressing this problem requires the use of active...
Persistent link: https://www.econbiz.de/10011432202
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Education Policy And Intergenerational Transfers in Equilibrium
Abbott, Brant - 2013
This paper compares partial and general equilibrium effects of alternative financial aid policies intended to promote … education, labor supply, and consumption/saving decisions. Altruistic parents make inter vivos transfers to their children … of funding for college education. We find that the current financial aid system in the U.S. improves welfare, and …
Persistent link: https://www.econbiz.de/10013087480
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Education Policy and Intergenerational Transfers in Equilibrium
Abbott, Brant - 2016
This paper examines the equilibrium effects of alternative financial aid policies intended to promote college … participation. We build an overlapping generations life-cycle, heterogeneous-agent, incomplete-markets model with education, labor … education. We find that the current financial aid system in the U.S. improves welfare, and removing it would reduce GDP by 4 …
Persistent link: https://www.econbiz.de/10012996588
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Education Policy and Intergenerational Transfers in Equilibrium
Abbott, Brant - 2018
This paper examines the equilibrium effects of alternative financial aid policies intended to promote college … participation. We build an overlapping generations life cycle model with education, labor supply, and consumption/saving decisions …. Cognitive and non-cognitive skills of children depend on the cognitive skills and education of parents, and affect education …
Persistent link: https://www.econbiz.de/10012915596
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Catastrophic job destruction
Carneiro, Anabela; Portugal, Pedro; Varejão, José M. - 2013
In this article we study the resilience of the Portuguese labor market, in terms of job flows, employment and wage developments, in the context of the current recession. We single out the huge contribution of job destruction, especially due to the closing of existing firms, to the dramatic...
Persistent link: https://www.econbiz.de/10010199018
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A General Equilibrium Theory of College with Education Subsidies, In-School Labor Supply, and Borrowing Constraints
Garriga, Carlos - 2007
This paper analyzes the effectiveness of three different types of education policies: tuition subsidies (broad based … quantitative theory of college within the context of general equilibrium overlapping generations economy. College is modeled as a … statistics regarding education (enrollment rate, dropout rate, and time to degree) while matching the observed aggregate wage …
Persistent link: https://www.econbiz.de/10012728523
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On the Optimal Progressivity of Higher Education Subsidies : The Role of Endogenous Fertility
Tolstova, Vera - 2018
accumulation, to quantify the optimal progressivity of higher education subsidies. I find that the optimal policy is characterised … by a higher degree of progressivity than current U.S. education subsidies. Additionally, the relation between … progressivity of education policy and welfare/population growth is hump-/U-shaped respectively. While an assumption of endogenous …
Persistent link: https://www.econbiz.de/10012921936