positively skewed. Our best guess of ex ante risk in university education is a coefficient of variation of about 0.3, comparable …

This paper studies second best policies for education, saving, and labour in an OLG model in which endogenous growth … equilibria are inefficient. The inefficiency is exacerbated if selfish individuals externalize the positive effect of education … on descendents’ productivity. It is shown to be second best to subsidize education even relative to the first best if the …

women. Historically, women with more education have been the least likely to marry and have children, but this marriage gap … degree relative to women with fewer years of education. However, the patterns of, and reasons for, marriage have changed … marital patterns by education for men. …

Protestant economic history of Becker and Woessmann (2009), where Protestantism first led to better education, which in turn … explanation, where a Protestant work ethic first led to industrialization which then increased the demand for education. …

Education policy-makers and practitioners want to know which policies and practices can best achieve their goals. But …

for both the public pay-as-you-go pension scheme and the public education system. Without labor mobility, each generation … a popular belief that increasing labor mobility decreases the incentives to finance the education of the subsequent …