Inequality in parental transfers, borrowing constraints and optimal higher education subsidies / by Youngmin Park.: FB3-5/2019-7E-PDF

"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.

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Publication information
Department/Agency Bank of Canada.
Title Inequality in parental transfers, borrowing constraints and optimal higher education subsidies / by Youngmin Park.
Series title Bank of Canada staff working paper, 1701-9397 ; 2019-7
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Note(s) "February 2019."
Includes bibliographical references.
Includes abstract in French.
Publishing information Ottawa, Ontario, Canada : Bank of Canada, 2019.
©2019
Author / Contributor Park, Youngmin, author.
Description 1 online resource (ii, 93 pages)
Catalogue number
  • FB3-5/2019-7E-PDF
Subject terms Postsecondary education
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