Showing 1 - 10 of 16
The paper studies the optimal education policy of a budget-constrained utilitarian government. Households differ in … information. Households can choose to use private education, but cannot borrow to finance it. The results we obtain are striking …. The optimal education policy is elitist: it increases the spread between the education achievement of the bright and the …
Persistent link: https://www.econbiz.de/10005666893
This paper investigates whether individual decisions lead to equality of opportunity in education, defined in the …
Persistent link: https://www.econbiz.de/10005067375
Recent studies have used quantile regression (QR) techniques to estimate the impact of education on the location, scale …
Persistent link: https://www.econbiz.de/10004977288
affects children left behind in terms of their school attendance, household expenditures on education, and nonhousework labour … attendance or education-related household expenditures. …
Persistent link: https://www.econbiz.de/10008490575
This Paper studies the optimal education policy in the presence of different groups of households, with groups … differing in the distribution of the ability to benefit from education. The main result is that the high ability individuals … from groups with relatively few high ability individuals should receive more education than equally able individuals from …
Persistent link: https://www.econbiz.de/10005666462
This paper compares the organisation of the university sector under private provision with the structure which would be chosen by a welfare maximising government. It studies a general equilibrium model where universities carry out research and teach students. To attend university, and earn...
Persistent link: https://www.econbiz.de/10005789032
This paper proposes an explanation for the universal human desire for increasing consumption. It holds that it was moulded in evolutionary times by a mechanism known to biologists as sexual selection, whereby a certain trait - observable consumption - is used by members of one sex to signal...
Persistent link: https://www.econbiz.de/10005123507
This paper uses the sequencing of privatisation to infer the objective pursued by the Polish government in the privatisation of its large manufacturing firms in the second half of the 1990's. We construct a model of mixed oligopoly, and use it to evaluate the privatisation process; our analysis...
Persistent link: https://www.econbiz.de/10005661699
In 2003, part-time employment in Australia accounted for over 42% of the Australian female workforce, nearly 17% of the male workforce, and represented 28% of total employment. Of the OECD countries, only the Netherlands has a higher proportion of working women employed part-time and Australia...
Persistent link: https://www.econbiz.de/10004968005
British workers. We therefore suggest that the minimum wage has the potential to reduce wages inequality in the longer …
Persistent link: https://www.econbiz.de/10004971373