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This paper develops a public education scheme that takes uncertainty aspects of private educational investments … explicitly into account. In the author’s framework, the social merits of public education schemes are related to the lack of … returns of investments in education. The consideration of uncertainty provides a neglected link between educational choice …
Persistent link: https://www.econbiz.de/10014400865
government spending on health care and education, and social indicators. Unlike previous studies, where social indicators are … used as proxies for the unobservable health and education status of the population, this paper estimates a latent variable … the education sector. Overall, the latent variable approach was found to yield more adequate estimates of social …
Persistent link: https://www.econbiz.de/10014399239
The paper examines empirically the question of whether more unequal societies spend more on income redistribution than their more egalitarian counterparts. Theoretical arguments on this issue are inconclusive. The political economy literature suggests that redistributive spending is higher in...
Persistent link: https://www.econbiz.de/10014400085
This paper discusses Second National Poverty Reduction Strategy II (NPRS-II) (2012–2016) for Democratic Republic of São Tomé and Príncipe. A comparison of the results of the 2000 and 2010 poverty profile, based on the average income method, shows that there was progress in reducing poverty,...
Persistent link: https://www.econbiz.de/10011245649
This paper on Poverty Reduction Strategy Papers on Guinea explains medium-term development framework to achieve Millennium Development Goals and fulfill the authorities’ vision of Guinea as an emerging economy in 15 to 25 years, respectful of human rights and gender equality and...
Persistent link: https://www.econbiz.de/10011242909
Persistent link: https://www.econbiz.de/10000058326
This paper identifies the countries that meet the enhanced Heavily Indebted Poor Countries (HIPC) Initiative's income and indebtedness eligibility criteria based on end-2004 data. It also updates the status of these countries toward qualifying for debt relief and presents cost estimates of debt...
Persistent link: https://www.econbiz.de/10014410049
Persistent link: https://www.econbiz.de/10014410690
Persistent link: https://www.econbiz.de/10014400610
There has been a growing awareness of the income distribution dimension of macroeconomic policies. This paper presents a framework for studying this issue empirically, and considers the case of the Philippines using data available from integrated surveys of households. After developing and...
Persistent link: https://www.econbiz.de/10014396488