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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w18782 |
来源ID | Working Paper 18782 |
Education Policy and Intergenerational Transfers in Equilibrium | |
Brant Abbott; Giovanni Gallipoli; Costas Meghir; Giovanni L. Violante | |
发表日期 | 2013-02-08 |
出版年 | 2013 |
语种 | 英语 |
摘要 | We examine the equilibrium effects of college financial aid policies building an overlapping generations life cycle model with education, labor supply, and saving decisions. Cognitive and non-cognitive skills of children depend on parental education and skills, and affect education and labor market outcomes. Education is funded by parental transfers that supplement grants, loans and student labor supply. Crowding out of parental transfers by government programs is sizable and cannot be ignored. The current system of federal aid improves long-run welfare by 6%. More generous ability-tested grants would increase welfare and dominate both an expansion of student loans and a labor tax cut. |
主题 | Macroeconomics ; Consumption and Investment ; Health, Education, and Welfare ; Education ; Labor Economics ; Labor Supply and Demand |
URL | https://www.nber.org/papers/w18782 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576456 |
推荐引用方式 GB/T 7714 | Brant Abbott,Giovanni Gallipoli,Costas Meghir,et al. Education Policy and Intergenerational Transfers in Equilibrium. 2013. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w18782.pdf(692KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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