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volatility in future income is transferred from risk-averse students to the risk-neutral state. However, a double moral hazard … problem arises when students’ efforts to raise lifetime income and universities’ activities to improve teaching quality are …
Persistent link: https://www.econbiz.de/10008742958
discontinuous function of parental income, the effect of BAfoeG on students’ enrollment decisions can be identified separately from …
Persistent link: https://www.econbiz.de/10005233915
It is generally agreed that the funding base for German universities is inadequate and perhaps the time has come for serious consideration of the imposition of non-trivial tuition charges. Against this background, this paper compares conventional and income contingent loans for financing tuition...
Persistent link: https://www.econbiz.de/10008855352
Higher education is in the position to save Europe by rendering a substantial contribution to sustainable economic growth. For that purpose higher education must strengthen its innovative power in entrepreneurship education and by focusing research more on societal problems, while being better...
Persistent link: https://www.econbiz.de/10010556213
The impact of school resources on the quality of education in developing countries may depend crucially on whether resources are targeted efficiently. In this paper we use a randomized experiment to analyze the impact of a school grants program in Senegal, which decentralized a portion of the...
Persistent link: https://www.econbiz.de/10011246334
relative performance concerning different output measures, such as the share of students obtaining a degree or the amount of …
Persistent link: https://www.econbiz.de/10009367498
This paper analyzes the effects of immigration on the education system of the receiving country from a political economy perspective. Specifically, we extend the school-choice model by Epple and Romano (1996b) and Coen-Pirani (2011) by incorporating a subsidy to private schools, a distinguishing...
Persistent link: https://www.econbiz.de/10010812509
This paper analyzes educational choices and political support for subsidies to higher education in the presence of a time-consistency problem in income redistribution. There may be political support for so generous subsidization that it motivates the median voter to obtain higher education. As a...
Persistent link: https://www.econbiz.de/10005762314
Student loans schemes are in operation in more than seventy countries around the world. Most loans schemes benefit from sizeable built-in government subsidies and, in addition, are subject to repayment default and administrative costs that are not passed on to student borrowers. We probe two...
Persistent link: https://www.econbiz.de/10005822721
students. We offer some suggestions for policies that might help mitigate the negative consequences of immigration outlined …
Persistent link: https://www.econbiz.de/10011143942