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ensuing decline in subsidies per student: the increase in the number, and thus voting power, of skilled parents. The rise of …
Persistent link: https://www.econbiz.de/10010588382
Persistent link: https://www.econbiz.de/10014465018
We present a tractable stochastic endogenous growth model that explains how social capital influences economic development. In our model, social capital increases citizens' awareness of government activity. Hence, it alleviates the electoral incentives to under-invest in education, whose returns...
Persistent link: https://www.econbiz.de/10011084642
We study voting over higher-education finance in an economy with two regions and two separated labor markets … subsidize higher-education costs or to rely on tuition fees only. We find that in equilibrium, in both regions a majority votes … tuition finance. …
Persistent link: https://www.econbiz.de/10011254980
America’s higher education system is among the best in the world. Nevertheless, there is scope for improvement. In particular, there appear to be substantial financial barriers to higher education despite large government expenditures aimed at promoting access. Policy makers have proposed...
Persistent link: https://www.econbiz.de/10005046155
sustained by middle- and high income groups voting for a policy which is positive but not generous enough to allow lower income …
Persistent link: https://www.econbiz.de/10010617206
of the alternatives and can reveal their information or conceal it, but cannot lie. We examine how disclosure and voting … vary with preference biases, signal precision, and the voting rule. Unanimity rule can lead to greater information … revelation and total utility than simple majority rule. The voting rule that maximizes information disclosure need not coincide …
Persistent link: https://www.econbiz.de/10010616897
Does information about rampant political corruption increase electoral participation and the support for challenger … parties? Democratic theory assumes that offering more information to voters will enhance electoral accountability. However, if … increased support for challengers and higher political participation. We provide experimental evidence that information about …
Persistent link: https://www.econbiz.de/10011084114
tuition coverage to students admitted to one of 33 government-certified high-quality universities known for superior test …
Persistent link: https://www.econbiz.de/10014372494
We compare a uniform voucher regime against the status quo mix of public and private education, focusing on the distribution of welfare gains and losses across households by income. We argue that the topping-up option available under uniform vouchers is not sufficiently valuable for the poorer...
Persistent link: https://www.econbiz.de/10010719642