Showing 1 - 10 of 84
We apply theories of capital market failure to ana1yzeoptima1 financing of risky higher education. In the market … solution,students can only finance their education through debt. There isunderinvestment in human capita1, because some … equityfinancing of education coupled to provision of some income insuranceis the optimal way to finance education when private markets …
Persistent link: https://www.econbiz.de/10010325581
Recent studies for primary and secondary education find positive effects of the share of girls in the classroom on … achievement of boys and girls. This study examines whether these results can be extrapolated to post-secondary education. We …
Persistent link: https://www.econbiz.de/10010325671
Policies need not only to be well designed to effectively address market failures, but their parameters also need to be part of agents’ information sets. This is illustrated by government student loans in the Netherlands which are intended to alleviate liquidity constraints. Despite generous...
Persistent link: https://www.econbiz.de/10010326017
Recent studies for primary and secondary education find positive effects of the share of girls in the classroom on … achievement of boys and girls. This study examines whether these results can be extrapolated to post-secondary education. We …
Persistent link: https://www.econbiz.de/10014189201
This paper explores how a conditional cash transfer program influences students’ schooling decisions when program payments stop in the middle of the school career. To that end, I examine Mexico’s Progresa, which covered students only until the end of middle school (at age 15) in its early...
Persistent link: https://www.econbiz.de/10012114806
This paper studies the effect of multigrading-mixing children of different ages in the same classroom-on students' short- versus long-term academic achievement in Italy. We cope with the endogeneity of multigrading (and class size) through an instrumental variable identification strategy based...
Persistent link: https://www.econbiz.de/10013356481
To raise school attendance, many programs in developing countries eliminate orreduce private contributions to education …
Persistent link: https://www.econbiz.de/10010325830
education. This paper documents an unintended negative effect of such programs. Using data from a randomized experiment that …
Persistent link: https://www.econbiz.de/10014189439
We measure the impact of low cost transport by rail in Malawi on the dispersion of agricultural commodities prices across markets, by exploiting the quasi experimental design of the nearly total collapse of domestic trade by rail in January 2003, due to the destruction of a railway bridge at...
Persistent link: https://www.econbiz.de/10011288402
This paper examines what determines the correlation between prices and turnover in European housing markets. Using a panel vector autoregressive model, we find that there is a particularly strong feedback mechanism between prices and turnover. Momentum effects are another important reason why...
Persistent link: https://www.econbiz.de/10011451513