, which is an outcome, and not a policy variable. We further examine what type of education most reduces inequality. Our … in developing countries invest more in higher education at the expense of primary education in order to gain immediate …

Parents with higher education levels have children with higher education levels. However, is this because parental … education actually changes the outcomes of children, suggesting an important spillover of education policies, or is it merely … that more able individuals who have higher education also have more able children? This paper proposes to answer this …