and because the children have different access to education. Public policy is thus called for, for vertical as well as … cannot remedy this. Quantity controls become necessary: a compulsory education package, financed by a redistributive tax … system, achieves both types of equity. Redistributive taxation and compulsory education are therefore best seen as …

care provided to their parents and education expenditures for their children. The young enjoy their education, while the … period and that parents invest in the education of their children. We show that Becker’s rotten kids theorem holds for the … single period game in that informal aid is set according to an efficient rule. However, education is distorted upwards. In …

despite strong economic performance. It is widely held that education can rescue households from various types of poverty … working poor in acquiring education. From a field study conducted in Bangladesh, this paper provides invaluable insights for … though social deviance in acquiring education can throw subjects into abject poverty. In particular, the paper examines the …

The US experienced two dramatic changes in the structure of education in a fifty year period. The first was a large …