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performance in pre-university education. Employing data from central exit exams, a positive link between competition intensity and …
Persistent link: https://www.econbiz.de/10004979417
We construct an overlapping generations model for the small open economy whichincorporates a realistic description of the mortality process. Agents engage in educational activities at the start of life and thus create human capital to be used later on in life for production purposes. Depending...
Persistent link: https://www.econbiz.de/10005094204
This paper analyzes educational choices and political support for subsidies to higher education in the presence of a … motivates the median voter to obtain higher education. As a result of increasing own income, the median voter prefers in the … future lower taxes than without higher education. Therefore, the expansion of participation in higher education during the …
Persistent link: https://www.econbiz.de/10005094334
market. At the same time, education is a time-consuming process, and enrolment and dropout decisions depend on expected … in finding a job. Standard models of job search and education assume that skills can be upgraded instantaneously (and … mostly in the form of on-the-job training) at a fixed cost. This paper models education as a time-consuming process, a …
Persistent link: https://www.econbiz.de/10005094402
Applying the theory of yardstick competition to the schooling system, we show that it is optimal to have central tests of student achievement and to engage in benchmarking because it raises the quality of teaching. This is true even if teachers’ pay (defined in monetary terms) is not...
Persistent link: https://www.econbiz.de/10005094428
education with and without capital markets integration. First, we explore how regimes of education provision - public, private …-run effects of capital markets integration, in equilibrium, on the optimal provision of education and growth. Third, we examine a … competition game where countries compete in the provision of public education. …
Persistent link: https://www.econbiz.de/10005094431
This paper reviews empirical evidence, especially from Europe, on how education and training policies can be designed … education and schools over vocational and higher education to training and lifelong learning. The available evidence suggests … deliver best results. Designed this way, education and training systems can advance efficiency and equity at the same time. …
Persistent link: https://www.econbiz.de/10005094505
This paper studies a two-region model in which unemployment, education decisions and interregional migration are … change reduces wages of the unskilled. Both education and migration decisions are distorted by a uniform unemployment …
Persistent link: https://www.econbiz.de/10005405804
greater selfishness is due to economics education. This paper offers empirical evidence against this widely held belief. Using … that economics education does not make people act more selfishly. Rather, this natural experiment suggests that the …
Persistent link: https://www.econbiz.de/10005405815
partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U …-shaped way on education. To maintain a given level of human capital it is shown that a less efficient schooling technology …-tax inequality if it spent more on education. …
Persistent link: https://www.econbiz.de/10005405824