Household income shocks in developing countries are known to have an impact on the education investments for children. In this paper, we explore the effects of various income and expenditure shocks on educational investment and cognitive outcomes of children using three rounds of household-level panel data from Young Lives survey conducted in two…

Uses a simultaneous equation model to explain the state appropriation/tuition relationship at U.S. public universities. Tuition depends on state appropriation, median family income, out-of-state enrollment, and geographic region. State appropriation is affected by tuition level, per-capita tax revenue, demand, and Democratic Party majorities.…