Angelopoulos, Konstantinos (contributor); … - 2008
Welfare Implications of Public Education
Spending Rules
Konstantinos Angelopoulos
University of Glasgow
Jim Malley … education spending rules. To this end, we employ a
dynamic stochastic general equilibrium model in which human capital …
externalities and public education expenditures, �nanced by distort-
ing taxes, enhance the productivity of private education …