00000nam 2200000zi 4500 9.868325 CaOODSP 20221107162544 m o d f cr cn||||||||| 190214t20192019onc ob f000 0 eng d CaOODSP eng rda CaOODSP eng fre FB3-5/2019-7E-PDF Park, Youngmin, author. Inequality in parental transfers, borrowing constraints and optimal higher education subsidies / by Youngmin Park. Ottawa, Ontario, Canada : Bank of Canada, 2019. ©2019 1 online resource (ii, 93 pages) text txt rdacontent computer c rdamedia online resource cr rdacarrier Bank of Canada staff working paper, 1701-9397 ; 2019-7 "February 2019." Includes bibliographical references. "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"--Abstract, page ii. Includes abstract in French. gccst Postsecondary education Bank of Canada. Staff working paper (Bank of Canada) 1701-9397 ; 2019-7. (CaOODSP)9.806221 PDF 1.37 MB https://publications.gc.ca/collections/collection_2019/banque-bank-canada/FB3-5-2019-7-eng.pdf