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Educational Policy and the Economics of the Family

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  • Abhijit Banerjee

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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  • Abhijit Banerjee, 2007. "Educational Policy and the Economics of the Family," Working Papers id:1186, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:1186
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