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 …

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 …

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 …

will change; (ii) upgrading education and professional training schemes; (iii) reforming labor market institutions to …

, thus validating the initial presumption against the market economy. This sustains an equilibrium where beliefs and …

new skills will be needed, and how existing jobs will change; (ii) upgrading education and professional training schemes …

new skills will be needed, and how existing jobs will change; (ii) upgrading education and professional training schemes …

will change; (ii) upgrading education and professional training schemes; (iii) reforming labor market institutions to …

We study how technological change affects between‐ and within‐education‐group inequality in the United States. We …

beliefs, thus validating the initial presumption against the market economy. This sustains an equilibrium where beliefs and …