I - Health, Education, and Welfare - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T13:06:55+00:00Inequality in Parental Transfers, Borrowing Constraints and Optimal Higher Education Subsidies
https://www.bankofcanada.ca/2019/02/staff-working-paper-2019-7/
This paper studies optimal education subsidies when parental transfers are unequally distributed across students and cannot be publicly observed. After documenting substantial inequality in parental transfers among US college students with similar family resources, I examine its implications for how the education subsidy should vary with schooling level and family resources to minimize inefficiencies generated by borrowing constraints.2019-02-11T14:03:49+00:00enInequality in Parental Transfers, Borrowing Constraints and Optimal Higher Education Subsidies2019-02-11Fiscal policyPotential outputProductivityStaff Working Paper 2019-7https://www.bankofcanada.ca/wp-content/uploads/2019/02/swp2019-7.pdfInequality in Parental Transfers, Borrowing Constraints and Optimal Higher Education SubsidiesYoungmin ParkFebruary 2019DD1D14D6D61D64D8D82II2I22JJ2J24