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

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Year of publication:	[2009]
Authors:	Johnes, Geraint
Publisher:	[2009]: [S.l.] : SSRN
Subject:	Internationaler Wettbewerb \| International competition \| Bildungsinvestition \| Human capital investment \| Bildungsökonomik \| Economics of education \| Verteilungsgerechtigkeit \| Distributive justice \| Umverteilung \| Redistribution

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Extent:	1 Online-Ressource (7 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments February 3, 2009 erstellt
Other identifiers:	10.2139/ssrn.1336979 [DOI]
Classification:	C70 - Game Theory and Bargaining Theory. General ; H21 - Efficiency; Optimal Taxation ; H75 - State and Local Government: Health, Education, and Welfare ; I20 - Education. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012719431