During the past two decades two-year colleges have become an increasingly important part of the American higher education system, especially for Hispanics who are disproportionately likely to start their careers two-year colleges. Given that today's economy rewards college attendance more than...

In an environment where children's time has an economic value and employment opportunities for educated workers are scarce, parental investments in their children's education may not be driven entirely by poverty and credit constraints. We offer evidence from India that higher returns to primary...

This paper develops a model with increasing adult life expectancy as the driving force of the economic and demographic transition. We show that if parents invest their own time into children's human capital, rising adult life expectancy unambiguously increases fertility. With children educated...

Despite the high estimated returns to schooling, the Brazilian educational indicators have been below international standards over the years. Worse, the poorer the family the lower human capital investment is. Since the individual probability of being poor is strongly determined by the...

This paper explores the idea that LDCs may face a human capital constraint in terms of having insufficient numbers of suitably educated people to be able to take advantage of technological innovations in the rich world. Technologically advanced sectors which operate under increasing returns to...

Income distribution and the degree of intergenerational mobility is strongly connected to education. Elites emerge and may block students with more innate ability. CEOs sit in the very top echelon of income distribution and benefit from parental and other advantages. They are therefore an...

I study how schools impact student performance and educational attainment throughout secondary education, and show that school quality cannot be easily captured by any type of rankings because students with differing characteristics and abilities benefit from different school inputs. To do so, I...

I study how schools impact student performance and educational attainment throughout secondary education, and show that school quality cannot be easily captured by any type of rankings because students with differing characteristics and abilities benefit from different school inputs. To do so, I...

I study how schools impact student performance and educational attainment throughout secondary education, and show that school quality cannot be easily captured by any type of rankings because students with differing characteristics and abilities benefit from different school inputs. To do so, I...

I study how schools impact student performance and educational attainment throughout secondary education, and show that school quality cannot be easily captured by any type of rankings because students with differing characteristics and abilities benefit from different school inputs. To do so, I...