We evaluate the aggregate, distributional and welfare consequences of alternative government education policies to … general equilibrium overlapping generations model with intergenerational linkages, a higher education choice as well as a … disciplined by US household survey data on income, wealth, education and time use. Studying the transitions induced by unexpected …

compared to persons from high-status families. This paper examines whether reforms in education can help to reduce the socio …) changes in the resources allocated to education between different socio-economic groups (reform effects) and (b) changes in … return which relate to the impact of education on turnout in different groups. We use this framework to analyze a reform of …