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for massive public funding of higher education. Central to the debate is the conjecture that colleges and universities use … which public investment in higher education is efficient and desirable. We analyze non-stationary equilibria of an OLG … economy, characterized by perfect capital mobility, intergenerational transfers and a hierarchical education system. The …
Persistent link: https://www.econbiz.de/10009320367
. This pattern shows clear political alternatives in education policy across the German states: the political left classifies …
Persistent link: https://www.econbiz.de/10010640656
evaluates the positive and normative implications of R&D subsidies and compares them with the effects of public education policy … engineering (S&E) skills, where individuals endogenously choose the type of education, and allows for heterogeneity in individual … publicly provided education targeted to S&E skills. Finally, the optimal structure of public education spending on different …
Persistent link: https://www.econbiz.de/10005765654
the first place. However, it induces the host country to improve its education quality, as a larger share of the generated … benefits accrue in this host country. A higher education quality raises in turn the human capital of the returning students. As …
Persistent link: https://www.econbiz.de/10008498995
We consider the optimal education policies of a small economy whose government has a limited budget. Initially, the … economy is closed and the government chooses its education policy to maximize welfare under autarky. Then the economy trades … with the rest of the world. Lastly, the government chooses a new education policy that maximizes welfare under trade. Is it …
Persistent link: https://www.econbiz.de/10005000393
vote first on labour market integration and afterwards on education policy. The institutional decision on integration … influences the succeeding education policy. More surprisingly, the prospect of voting on education policy also affects the … their preferred education policy is more successful at the polls. We show how a ‘joint’ analysis of the institutional and …
Persistent link: https://www.econbiz.de/10005051539
Economic theory advances various arguments in favor of and against privatizing education. In this paper we investigate …,000 voters in two Swiss cantons expressed their opinions on the issue of education vouchers and direct subsidies to private … schools. We find that successful attempts to move towards a more privatized education system rest mainly on pure income …
Persistent link: https://www.econbiz.de/10005196221
The Bologna process aims at creating a European Higher Education Area where inter-country mobility of students and … restructuring of higher education currently underway, by looking at its implications on the demand for academic programs in Portugal …. Precise quantification of the demand for each academic program is facilitated by the rules of access to higher education, in a …
Persistent link: https://www.econbiz.de/10005405938
This paper analyzes regional public education policy in the presence of mobile workers. Labor market integration leads … politicians choose to invest too little in education. …
Persistent link: https://www.econbiz.de/10005406032
This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take … into account that participation in higher education is non-compulsory and depends on individual choice. Integration … increases (decreases) the incentives to participate in higher education in capital-importing (-exporting) economies, all other …
Persistent link: https://www.econbiz.de/10005416515