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because of disincentives to acquire education arising from the redistributional policies that increase income mobility. …
Persistent link: https://www.econbiz.de/10011493939
good thing. We show, however, that making education more affordable can increase income inequality. The mechanism that …Affordable higher education is, and has been, a key element of social policy in the United States with broad bipartisan … drives our results is a combination of credit constraints and the 'signaling' role of education first explored by Spence …
Persistent link: https://www.econbiz.de/10010263332
In contrast to the popularity of financial education interventions worldwide, studies on the economic effects of those … between the concepts of, and the relationships between, financial education, financial literacy and financial behavior to … identify the true effects of financial education. The review addresses possible biases caused by third factors such as numeracy …
Persistent link: https://www.econbiz.de/10011859150
In contrast to the popularity of financial education interventions worldwide, studies on the economic effects of those … between the concepts of, and the relationships between, financial education, financial literacy and financial behavior to … identify the true effects of financial education. The review addresses possible biases caused by third factors such as numeracy …
Persistent link: https://www.econbiz.de/10011823319
Concerns about widening inequality have increased attention on the topic of equality of opportunities and … top of the education and income distribution (upward mobility) has increased. On the other hand, for children whose …
Persistent link: https://www.econbiz.de/10014507194
In this paper we provide evidence for the impact of public funding on enrolment of students in college. We use a panel for European countries and apply instrumental variables techniques to find that public funding for schooling - regardless at what level - does increase college enrolment alike...
Persistent link: https://www.econbiz.de/10010294556
This paper is the first to use a randomized trial in the US to analyze the short- and long-term educational and employment impacts of an after-school program, the Quantum Opportunity Program, that offered disadvantaged high-school youth: mentoring, educational services, and financial rewards...
Persistent link: https://www.econbiz.de/10010269569
activities, complete high-school and enroll in post-secondary education on youths' engagement in risky behaviors, such as …
Persistent link: https://www.econbiz.de/10010269755
support the claim of substantial economic benefits from preschool education programs. Previous studies of the rate of return …
Persistent link: https://www.econbiz.de/10010274261
This paper examines several US monthly financial time series data using fractional integration and cointegration techniques. The univariate analysis based on fractional integration aims to determine whether the series are I(1) (in which case markets might be efficient) or alternatively I(d) with...
Persistent link: https://www.econbiz.de/10010274802