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  • education subsidies | Becker-Friedman Institute Research Respository
    protocol such as HTTPS You can switch to HTTPS by trying to view this page again after changing the URL in your browser s location bar to begin with https instead of http Please contact site admin for help if this error continues User login CNetID or Username Password Request new password Log in education subsidies A General Equilibrium Theory of College with Education Subsidies In School Labor Supply and

    Original URL path: http://econresearch.uchicago.edu/research-keywords/education-subsidies (2015-06-03)
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  • higher education | Becker-Friedman Institute Research Respository
    protocol such as HTTPS You can switch to HTTPS by trying to view this page again after changing the URL in your browser s location bar to begin with https instead of http Please contact site admin for help if this error continues User login CNetID or Username Password Request new password Log in higher education A General Equilibrium Theory of College with Education Subsidies In School Labor Supply and

    Original URL path: http://econresearch.uchicago.edu/research-keywords/higher-education (2015-06-03)
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  • A General Equilibrium Theory of College with Education Subsidies, In-School Labor Supply, and Borrowing Constraints | Becker-Friedman Institute Research Respository
    subsidies broad based merit based and flat tuition grant subsidies broad based and merit based and loan limit restrictions We develop a quantitative theory of college within the context of general equilibrium overlapping generations economy College is modeled as a multi period risky investment with endogenous enrollment time to degree and dropout behavior Tuition costs can be financed using federal grants student loans and working while at college We show that our model accounts for the main statistics regarding education enrollment rate dropout rate and time to degree while matching the observed aggregate wage premiums Our model predicts that broad based tuition subsidies and grants increase college enrollment However due to the correlation between ability and financial resources most of these new students are from the lower end of the ability distribution and eventually dropout or take longer than average to complete college Merit based education policies counteract this adverse selection problem but at the cost of a muted enrollment response Our last policy experiment highlights an important interaction between the labor supply margin and borrowing A significant decrease in enrollment is found to occur only when borrowing constraints are severely tightened and the option to work while in school

    Original URL path: http://econresearch.uchicago.edu/content/general-equilibrium-theory-college-education-subsidies-school-labor-supply-and-borrowing?destination=node/2223 (2015-06-03)
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  • life course | Becker-Friedman Institute Research Respository
    location bar to begin with https instead of http Please contact site admin for help if this error continues User login CNetID or Username Password Request new password Log in life course A gradient of childhood self control predicts health wealth and public safety Terrie E Moffitt Duke University King s College London Louise Arseneault Daniel Belsky Duke University Nigel Dickson Duke University Robert J Hancox Dunedin Multidisciplinary Health and

    Original URL path: http://econresearch.uchicago.edu/research-keywords/life-course (2015-06-03)
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  • longitudinal | Becker-Friedman Institute Research Respository
    location bar to begin with https instead of http Please contact site admin for help if this error continues User login CNetID or Username Password Request new password Log in longitudinal A gradient of childhood self control predicts health wealth and public safety Terrie E Moffitt Duke University King s College London Louise Arseneault Daniel Belsky Duke University Nigel Dickson Duke University Robert J Hancox Dunedin Multidisciplinary Health and Development

    Original URL path: http://econresearch.uchicago.edu/research-keywords/longitudinal (2015-06-03)
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  • public policy | Becker-Friedman Institute Research Respository
    location bar to begin with https instead of http Please contact site admin for help if this error continues User login CNetID or Username Password Request new password Log in public policy A gradient of childhood self control predicts health wealth and public safety Terrie E Moffitt Duke University King s College London Louise Arseneault Daniel Belsky Duke University Nigel Dickson Duke University Robert J Hancox Dunedin Multidisciplinary Health and

    Original URL path: http://econresearch.uchicago.edu/research-keywords/public-policy (2015-06-03)
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  • Article | Becker-Friedman Institute Research Respository
    or Username Password Request new password Log in Article Examining Macroeconomic Models Through the Lens of Asset Pricing Jaroslav Borovička New York University Lars Peter Hansen University of Chicago Read more about Examining Macroeconomic Models Through the Lens of Asset Pricing Shock Elasticities and Impulse Responses Jaroslav Borovička New York University Lars Peter Hansen University of Chicago Jose A Scheinkman Columbia University Read more about Shock Elasticities and Impulse Responses

    Original URL path: http://econresearch.uchicago.edu/publication-type/article (2015-06-03)
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  • A gradient of childhood self-control predicts health, wealth, and public safety | Becker-Friedman Institute Research Respository
    Request new password Log in A gradient of childhood self control predicts health wealth and public safety Policy makers are considering large scale programs aimed at self control to improve citizens health and wealth and reduce crime Experimental and economic studies suggest such programs could reap benefits Yet is self control important for the health wealth and public safety of the population Following a cohort of 1 000 children from birth to the age of 32 y we show that childhood self control predicts physical health substance dependence personal finances and criminal offending outcomes following a gradient of self control Effects of children s self control could be disentangled from their intelligence and social class as well as from mistakes they made as adolescents In another cohort of 500 sibling pairs the sibling with lower self control had poorer outcomes despite shared family background Interventions addressing self control might reduce a panoply of societal costs save taxpayers money and promote prosperity Authors Terrie E Moffitt Duke University King s College London Louise Arseneault Daniel Belsky Duke University Nigel Dickson Duke University Robert J Hancox Dunedin Multidisciplinary Health and Development Research Unit HonaLee Harrington Duke University Renate Houts Duke University Richie

    Original URL path: http://econresearch.uchicago.edu/content/gradient-childhood-self-control-predicts-health-wealth-and-public-safety?destination=node/2821 (2015-06-03)
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