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Educational Policy and the Economics of the Family

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  • Abhijit Banerjee

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    Abstract

    The implications of alternative ways to model decisionmaking by families for educational policy are analysed. Many of the policy implications associated with credit constraints cannot be distinguished from the implications of models of the family that differ from the conventional Barro-Becker model. It is the combination of credit constraints and non-conventional preferences that provides a robust basis for government intervention to promote educational investment [BREAD WP No. 014].

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    Bibliographic Info

    Paper provided by eSocialSciences in its series Working Papers with number id:1186.

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    Date of creation: Sep 2007
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    Handle: RePEc:ess:wpaper:id:1186

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    Related research

    Keywords: Family; Intergenerational Transactions; Education; educational policy; economics; credit constraints; Barro-Becker model; government intervention; investment;

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    1. de Carvalho Filho, Irineu E., 2010. "Household income as a determinant of child labor and school enrollment in Brazil: Evidence from a social security reform," MPRA Paper 26046, University Library of Munich, Germany.
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    5. Barham, Vicky & Boadway, Robin & Marchand, Maurice & Pestieau, Pierre, 1995. "Education and the poverty trap," European Economic Review, Elsevier, vol. 39(7), pages 1257-1275, August.
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    8. Laurence J. Kotlikoff & Avia Spivak, 1979. "The Family as an Incomplete Annuities Market," UCLA Economics Working Papers 151, UCLA Department of Economics.
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    14. Daron Acemoglu & Joshua Angrist, 1999. "How Large are the Social Returns to Education? Evidence from Compulsory Schooling Laws," Working papers 99-30, Massachusetts Institute of Technology (MIT), Department of Economics.
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    23. repec:fth:bosecd:108 is not listed on IDEAS
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