Optimal Educational Investment: Domestic Equity and International Competition
We construct a family of models to analyse the effect on optimal educational investment of (i) society's preferences for equity and (ii) competition between countries. The models provide insights about the impact of a variety of parameters on optimal policy. In particular, we identify a form of 'overeducation' that is new to the literature, and provide a counterexample to a common finding in the literature on fiscal federalism.
Year of publication: |
2009
|
---|---|
Authors: | Johnes, Geraint |
Institutions: | Department of Economics, Management School |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Johnes, Geraint, (2005)
-
Funding formulae where costs legitimately differ: the case of higher education in England
Johnes, Geraint, (2005)
-
A new look at gender effects in participation and occupation choice
Soopramanien, Didier, (2000)
- More ...