Research has shown that giving disadvantaged families financial incentives to invest in their children could decrease socioeconomic inequality by enhancing human capital formation. Yet, within the household how are such gains achieved? We use a field experiment to investigate how parents...

After accumulating USD 1.5 trillion, the US education sector educated 25 million Americans, or just over 15% of the workforce, that were ineligible for 1 million jobs for which it had to import labor.The Indian education sector spending 4-8 cents for every dollar the US sector spends per pupil,...

This paper poses the following question in the context of civil rights in education — is proportionality synonymous with parity? Since 1974 the Office of Civil Rights (OCR) has determined that in order for an educational institution to be in compliance with Title IX of the Educational...

A Country is a predefined territory, where people live along with the nature and other living species (Botanical, Marine, Zoological etc.…). A Nation is the same as a Country, but with registered and identified group of people as the citizens. Each living group in a nation is identified as a...

This paper studies the effects of each U.S. recession since 1973 on local labor markets. We find that recession-induced declines in employment are permanent, suggesting that local areas experience permanent declines in labor demand relative to less-affected areas. Population also falls,...

This paper examines how policies, aimed at increasing the supply of education in the economy, affect the matching between workers and firms, and the wages of various skill groups. We build an equilibrium model where workers endogenously invest in education, while firms direct their technology...

We develop an equilibrium lifecycle model of education, marriage and labor supply and consumption in a transferable utility context. Individuals start by choosing their investments in education anticipating returns in the marriage market and the labor market. They then match based on the...

We develop an equilibrium lifecycle model of education, marriage and labor supply and consumption in a transferable utility context. Individuals start by choosing their investments in education anticipating returns in the marriage market and the labor market. They then match based on the...

In this paper, we study parental beliefs about the technology which maps parental investments into future child outcomes. We document that parents perceive late investments as more productive than early investments, and that they perceive investments in different time periods as substitutes....

This paper studies the effects of each U.S. recession since 1973 on local labor markets. We find that recession-induced declines in employment are permanent, suggesting that local areas experience permanent declines in labor demand relative to less-affected areas. Population also falls,...