Educational Policy and the Economics of the Family

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].

Keywords: Family; Intergenerational Transactions; Education; educational policy; economics; credit constraints; Barro-Becker model; government intervention; investment (search for similar items in EconPapers)
Date: 2007-09
Note: Institutional Papers
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Journal Article: Educational policy and the economics of the family (2004)
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