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Education Policy And Intergenerational Transfers in Equilibrium
Abbott, Brant - 2013
This paper compares partial and general equilibrium effects of alternative financial aid policies intended to promote … education, labor 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 …
Persistent link: https://www.econbiz.de/10013087480
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Inequality, Technology and Job Polarization of the Youth Labor Market in Europe
Bheemaiah, Kariappa - 2015
various sectors of employment, education and societal structures. Firstly, the drivers of technological progress were analysed … order to provide a heuristic connection between education, employment, income levels and ICT …
Persistent link: https://www.econbiz.de/10013021498
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Education Policy and Intergenerational Transfers in Equilibrium
Meghir, Costas; Abbott, Brant; Gallipoli, Giovanni; … - National Bureau of Economic Research (NBER) - 2013
This paper compares partial and general equilibrium effects of alternative financial aid policies intended to promote … education, labor 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 …
Persistent link: https://www.econbiz.de/10010607944
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Education Policy and Intergenerational Transfers in Equilibrium
Abbott, Brant - 2016
This paper examines the equilibrium effects of alternative financial aid policies intended to promote college … participation. We build an overlapping generations life-cycle, heterogeneous-agent, incomplete-markets model with education, labor … education. We find that the current financial aid system in the U.S. improves welfare, and removing it would reduce GDP by 4 …
Persistent link: https://www.econbiz.de/10012996588
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Education Policy and Intergenerational Transfers in Equilibrium
Abbott, Brant - 2018
This paper examines the equilibrium effects of alternative financial aid policies intended to promote college … participation. We build an overlapping generations life cycle model with education, labor supply, and consumption/saving decisions …. Cognitive and non-cognitive skills of children depend on the cognitive skills and education of parents, and affect education …
Persistent link: https://www.econbiz.de/10012915596
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Graduates, dropouts and slow finishers: the effects of credit constraints on university outcomes
Cardak, Buly; Vecci, Joseph - Department of Economics and Finance, La Trobe Business … - 2014
The effect of credit constraints on the dropout, graduate and slow finishing decisions of university students in Australia is studied. The Australian university system has institutions in place to resolve credit constraint issues, including an income contingent loan scheme and means tested...
Persistent link: https://www.econbiz.de/10010862146
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Student Loans and Repayment: Theory, Evidence and Policy
Lochner, Lance; Monge-Naranjo, Alexander - Becker Friedman Institute for Research in Economics, … - 2015
Rising costs of and returns to college have led to sizeable increases in the demand for student loans in many countries. In the U.S., student loan default rates have also risen for recent cohorts as labor market uncertainty and debt levels have increased. We discuss these trends as well as...
Persistent link: https://www.econbiz.de/10011212021
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The Changing Role of Family Income and Ability in Determining Educational Achievement
Belley, Phillippe; Lochner, Lance - Vancouver School of Economics - 2009
This paper uses data from the 1979 and 1997 National Longitudinal Survey of Youth cohorts(NLSY79 and NLSY97) to estimate changes in the effects of ability and family income on educational attainment for youth in their late teens during the early 1980s and early 2000s. Cognitive ability plays an...
Persistent link: https://www.econbiz.de/10004977030
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Credit Constraints and Demand for Higher Education: Evidence from Financial Deregulation
Teng Sun, Stephen; Yannelis, Constantine - Volkswirtschaftliche Fakultät, … - 2013
This paper uses staggered bank branching deregulation across states in the United States to examine the impact of the resulting increase in the supply of credit on college enrollment from the 70s to early 90s. A significant advantage of our research design is that it produces estimates that are...
Persistent link: https://www.econbiz.de/10011113259
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Catastrophic Job Destruction
Carneiro, Anabela; Portugal, Pedro; Varejão, José - 2013
In this article we study the resilience of the Portuguese labor market, in terms of job flows, employment and wage developments, in the context of the current recession. We single out the huge contribution of job destruction, especially due to the closing of existing firms, to the dramatic...
Persistent link: https://www.econbiz.de/10010329173