Higher education subsidies and heterogeneity: a dynamic analysis

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The Nature of Credit Constraints and Human Capital. NBER Working Paper No. 13912. (2008, unknown): “Studies assuming a flxed limit on borrowing include Belley and Lochner (2007), Caucutt and Kumar (2003) , Hanushek, Leung, and Yilmaz (2003), and Keane and Wolpin (2001).”
Credit Constraints in Education (2011, unknown): “Caucutt and Kumar (2003) explore a number of policies in the form of subsidies/earnings taxes: (i) need-based policies that seek equality of opportunity; (ii) policies that maximize the (steady state) fraction of college educated; and (iii) merit-based subsidies.”
Interpreting the Evidence on Life Cycle Skill Formation (2005, background): “Important developments of this work by Benabou (2000, 2002), Aiyagari, Greenwood and Seshadri (2002), Caucutt and Kumar (2003), Hanushek, Leung, and Yilmaz (2004), and Seshadri and Yuki (2004), emphasize the role of credit constraints and altruism 2 in forming the skills of children.”
2017-03 Early and Late Human Capital Investments, Borrowing Constraints, and the Family (2012, unknown): “, structural analyses, including Cameron and Heckman (1998), Heckman, Lochner and Taber (1998), Keane and Wolpin (2001), Caucutt and Kumar (2003), Cameron-Taber-2004, Hanushek, Leung and Yilmaz (2003), Johnson (2013), Abbott, et al. (2016), Hai and Heckman (2017), and Navarro and Zhou (2017).”