location being determined by the level of education subsidies. For low transport costs, firms agglomerate in one region. We … also identify equilibria with partial agglomeration of firms. Finally, we show that the incentives to subsidy education …

policies and strategies with the potential to modify risky health behaviors, such as taxes or subsidies, cash incentives …

may be self-enforcing also in a more general model where education is an alternative to work, and the disutility of child …

In this paper we ask whether policies targeting a reduction in crime rates through changes in education outcomes can be … alternative policies. We develop an overlapping generation, life-cycle model with endogenous education and crime choices …. Education and crime depend on different dimensions of heterogeneity, which takes the form of differences in innate ability and …

. Consequently, too few workers may acquire skills. This allows for the possibility that subsidizing education is welfare improving …-between subsidizing education and thereby reducing unemployment and optimizing welfare may be eliminated. We analyse this issue in a …

subsidies. In this paper we provide a new explanation for this puzzle, namely the positive impact of subsidies on the education … increasing farmers’ incomes, subsidies increase investment in education. If more educated children are less willing to become … level of farmers’ children. If farmers are credit constrained, they may underinvest in their children’s education. By …