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Demographic change in industrial countries will influence educational spending in potentially two ways. On the one hand, the decline in the number of school-age children should alleviate the financial pressure. On the other hand, the theoretical/empirical literature has established that the...
Persistent link: https://www.econbiz.de/10005094329
Empirical research has given cause to fear that the demographic ageing in industrialized countries is likely to exert a negative impact on educational spending. These papers have linked the share of the elderly with the per capita or per pupil spending on education at the local, state-wide or...
Persistent link: https://www.econbiz.de/10005405879
. Distributional equity of the individual burdens of public-good contribution is assessed by a specific sacrifice measure (the “Moulin …
Persistent link: https://www.econbiz.de/10008596567
In this paper we examine the degree to which Michigan’s property value assessment growth cap has eroded the tax base and created substantial differences in effective tax rates among residential properties within the City of Detroit. While the analysis focuses on a specific city with...
Persistent link: https://www.econbiz.de/10010607837
We develop a theoretical framework for equity in council voting games (CVGs). In a CVG, a fully representative voting …). Three equity concepts are proposed: ex-ante (procedural) equity, ex-post (outcome) equity and regional equity. The last two …
Persistent link: https://www.econbiz.de/10010723541
equity axioms that in particular are related to the equal sacrifice principle and a non-envy postulate as norms for … distributional equity. Fairness among agents with different preferences is taken into account by considering their marginal …
Persistent link: https://www.econbiz.de/10005766038
A flat tax rate on income has gained popularity in European countries. This paper assesses the attractiveness of such a flat tax in achieving redistributive objectives with the least cost to labour market performance. We do so by using a detailed applied general equilibrium model for the...
Persistent link: https://www.econbiz.de/10005094497
to advance both efficiency and equity. Returns to educational investments tend to decrease over the life cycle. Moreover … life cycle. This creates complementarities between efficiency and equity at early stages and trade-offs at late stages. The … paper goes on to discuss specific policies for efficiency and equity at each educational stage, ranging from early childhood …
Persistent link: https://www.econbiz.de/10005094505
increase aggregate human well-being, while decreasing its cross-sectional variance. These efficiency and equity effects are …
Persistent link: https://www.econbiz.de/10005196287
status quo against our measures of equity and efficiency. Several proposals may actually worsen the issues they ostensibly …
Persistent link: https://www.econbiz.de/10010779411