background. Thus, subgroups of the population seem to be confronted with binding budget constraints, although education is free …

This paper investigates the returns to education in terms of individuals' health in Brazil. We use the Heckman … completion of primary education when increasing returns start. The evidence also indicates that the rate of return to education …

operate through employment, education, and income …

In this model of education, where individuals are exposed both to educational risk and to wage risk within the skilled … enhancing the quality of education. The necessary expenditures are optimally financed by regressive tuition fees and the net …

education. For the outsourceable occupations, however, high-skilled workers are currently at a greater risk of unemployment than …

The close connection between US and China in scientific research and education in the 2000s produced a large group of …

endogenous retirement. Labor taxation distorts not only labor supply, but also education and retirement decisions. Actuarially … unfair pensions further exacerbate labor tax distortions on retirement. Education subsidies can nevertheless cushion the … adverse impact of taxation on skill formation. Feedbacks between education, labor supply, and retirement are important. The …

We develop a model of education where individuals face educational risk. Successfully entering the skilled labor sector … depends on individual effort in education and public resources, but educational risk still causes (income) inequality. We show …, because combining skill-specific tuition fees and public education spending provide both insurance and redistribution at lower …