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Decisions concerning marriage, fertility, participation, and the education of children are explained using a two … fertility and female labour market participation, negative until the mid-1970s, has turned positive where developed, but not … developing countries are concerned since that date. The model provides a gender-neutral explanation of why girls in developing …
Persistent link: https://www.econbiz.de/10005406405
occupation which promises the highest income. Due to numerous labor market imperfections and uncertainties, the choice of best … occupation is accomplished with only partial success. We demonstrate that an income tax that reduces after-tax income …
Persistent link: https://www.econbiz.de/10005196231
This paper analyzes how integrated labor markets affect the financing of higher education. For this, we employ a general-equilibrium model with overlapping generations and individuals who differ in their abilities. At the first stage, governments can choose the quality of education and the...
Persistent link: https://www.econbiz.de/10010877978
The number of tertiary students enrolled outside their home country has almost doubled in the last decade. In higher education systems that are partly tax-funded, a country’s labor force might not be willing to subsidize the education of foreign students who can be expected to work abroad...
Persistent link: https://www.econbiz.de/10010948890
In higher education pure credit market funding leads to underinvestment while income-contingent loans funding tends to produce overinvestment. We analyze whether a market structure in which both funding schemes coexist and compete against each other might restore efficiency of the educational...
Persistent link: https://www.econbiz.de/10009320782
We study voting over higher education finance in an economy with two regions and two separated labor markets. Households differ in their financial endowment and their children’s ability. Non-students are immobile. Students decide where to study; they return home after graduation with exogenous...
Persistent link: https://www.econbiz.de/10010556460
In this paper we consider two regions competing for the larger part of the investment by a mobile firm whose decision is based on the quality of human capital in each region. This in turn depends on the initial skill level and the amount of higher education in the region, with a possible...
Persistent link: https://www.econbiz.de/10005766031
This paper discusses rising enrolment rates, access, governance, underperformance in research and teaching, lack of internationalisation, private returns to education and the funding problems of European universities. Our proposals for reform are based on more autonomy for universities, higher...
Persistent link: https://www.econbiz.de/10005094228
We assume that students can acquire a wage premium, thanks to studies, and form a rational expectation of their future earnings, which depends on personal "ability". Students receive a private, noisy signal of their ability, and universities can condition admission decisions on the results of...
Persistent link: https://www.econbiz.de/10005094423
This paper analyzes how mobility of post-graduate skilled workers and students across different countries affects the quality level of higher education and the way education is financed. We start by examining a closed economy. In the presence of imperfect credit markets the education level with...
Persistent link: https://www.econbiz.de/10005094493