Showing 1 - 10 of 21
We argue the inequality and growth are linked through differential fertility and the accumulation of human capital. We build an overlapping-generations model in which dynasties differ in their initial endowment with human capital. Growth, the income distribution, and fertility are endogenous....
Persistent link: https://www.econbiz.de/10004985245
In most democracies, the majority of education expenditures is financed by the government. In non-democracies, we observe a wide variation in the mix of public and private funding of education. In addition, countries with high inequality tend to rely more heavily on private schooling. We develop...
Persistent link: https://www.econbiz.de/10005043349
Persistent link: https://www.econbiz.de/10001611356
Persistent link: https://www.econbiz.de/10001672398
Persistent link: https://www.econbiz.de/10001926324
Persistent link: https://www.econbiz.de/10001876350
In most democracies, the majority of education expenditures is financed by the government. In non-democracies, we observe a wide variation in the mix of public and private funding of education. In addition, countries with high inequality tend to rely more heavily on private schooling. We develop...
Persistent link: https://www.econbiz.de/10014050343
We assess the merits of different education systems in a framework that accounts for the joint decision problem of parents regarding fertility and education. Specifically, we compare the implications of a public and a private schooling regime for economic growth and inequality. We find that...
Persistent link: https://www.econbiz.de/10014118147
The governments of nearly all countries are major providers of primary and secondary education to their citizens. In some countries, however, public schools coexist with private schools, while in others the government is the sole provider of education. In this study, we ask why different...
Persistent link: https://www.econbiz.de/10003635035
Persistent link: https://www.econbiz.de/10003525336