Showing 1 - 10 of 47
This paper studies the impact of low-skilled immigration on the host country’s education system, which is characterized … congestion in public school; (2) lower average tax base for education funding; (3) reduced low-skilled wage and so more low …-skilled natives to privately invest in their children’s education and hence weakens their support to finance public school. The …
Persistent link: https://www.econbiz.de/10004984685
This paper studies the impact of low-skilled immigration on the host country’s education policy, which is formulated by … tax base for education funding; (3) reduced low-skilled wage and so more low-skilled natives’ dependence on public … education; (4) higher skill premium, which induces high-skilled natives to privately invest in their children’ s education and …
Persistent link: https://www.econbiz.de/10004984707
modern, conceptually clear and easy to mobilize in policy design. In this paper, we apply Roemer’s theory to education policy … close to the end of compulsory education). Using Brazilian data, we find that implementing an equal-opportunity policy … education production function, we then identify ways of reducing financial reallocations needed to achieve equality of …
Persistent link: https://www.econbiz.de/10004984852
Why in some urban areas do rich and poor households cohabit at the community level while, in others, we observe a sorting by income? To answer this question I develop a two-community general equilibrium framework of school quality, residential choice and tax decision. The model predicts that in...
Persistent link: https://www.econbiz.de/10010541428
This paper deals with the question whether uniform provision of a purely private good should be implemented at the social optimum, in a second best economy where personalised lump-sum transfers are not feasible, but no market failure exists. The answer is that it depends on the balance of...
Persistent link: https://www.econbiz.de/10008505620
Some empirical works from the nineties have shown the existence of a negative relationship between inequality and growth. In this paper I show that the inefficiency of the Public Sector due to agency problems can be a new element that must e considered to explain the negative empirical...
Persistent link: https://www.econbiz.de/10004984831
The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, where a private firm complete in quantities with a welfare-maximizing public firm. We consider two inefficiencies of the public sector : a possible cost inefficiency and an allocative inefficiency due to...
Persistent link: https://www.econbiz.de/10004984848
This article studies the problem of regulating a monopolist with unknown marginal cost. The problem described differs from Baron and Myerson [1982] because we suppose that the regulator faces a cash-in-advance constraint. The introduction of such a constraint may lead to the collapse of the...
Persistent link: https://www.econbiz.de/10004985100
We look at the effect of tax progression in imperfect labour markets. The models considered are union models, an equilibrium search model with wage bargaining, an equilibrium search model with wage posting by firms and efficiency wage models. We find that in all basic models, an increase in tax...
Persistent link: https://www.econbiz.de/10004985150
In most democracies, the majority of education expenditures is financed by the government. In non-democracies, we … observe a wide variation in the mix of public and private funding of education. In addition, countries with high inequality … tend to rely more heavily on private schooling. We develop a theory which integrates private decision on education and …
Persistent link: https://www.econbiz.de/10004985171