Educational Policy and the Economics of the Family
Published By: BREAD on eSS | Published Date: November, 11 , 2002The 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].
Author(s): Abhijit Banerjee | Posted on: Sep 11, 2007 | Views(3143) | Download (923)