Showing 1 - 10 of 317
Immigration is an important problem in many societies, and it has wide-ranging eects on the educational systems of host countries. There is a now a large empirical literature, but very little theoretical work on this topic. We introduce a model of family immigration in a framework where school...
Persistent link: https://www.econbiz.de/10009365649
This paper presents analysis of the implicit subsidies and repayment hardships of Thailand’s Student Loan Fund (SLF). Comparisons are made between the current SLF with alternative similar schemes, assuming different rates of interest and loan repayment periods. We find that the implicit...
Persistent link: https://www.econbiz.de/10004970063
It is well known that higher education financing involves uncertainty and risk with respect to students’ future economic fortunes, and an unwillingness of banks to provide loans because of the absence of collateral. It follows that without government intervention there will be both socially...
Persistent link: https://www.econbiz.de/10004970067
This paper illustrates the extent of implicit taxpayer subsidies under four possible income contingent loan (ICL) arrangements for Thailand: TICAL, implemented in 2007 only, a variant of TICAL, and two alternative ICL schemes. The implicit taxpayer subsidy calculated with respect to average...
Persistent link: https://www.econbiz.de/10004970078
Several of the Youth Allowance eligibility criteria for independent status were subject to severe criticism in the recent Review of Australian Higher Education (2008). Specifically, it seems to be the case that many students are able to qualify for socalled “independent-at-home” financial...
Persistent link: https://www.econbiz.de/10008459932
We study a model where student eort and talent interact with parental and teachers' investments, as well as with school system resources. The model is rich, yet sufficiently stylized to provide novel implications. We can show, for example, that an improvement in parental outside options will...
Persistent link: https://www.econbiz.de/10008466350
This Paper discusses reforms of Italian secondary schools’ curriculum and funding in light of theoretical considerations, of the experience of other countries, and of empirical evidence. We briefly review socio-economic views on the schooling system’s role in shaping the social structure and...
Persistent link: https://www.econbiz.de/10005136593
This Paper studies the design of education policies in a setting of successive generations with heterogeneous individuals (high and low earning ability). Parents’ investment in education is motivated by warm-glow altruism and determines the probability that a child has high ability. Education...
Persistent link: https://www.econbiz.de/10005498169
We study a model that integrates productive and socialization efforts with network choice and parental investments. We characterize the unique symmetric equilibrium of this game. We first show that individuals underinvest in productive and social effort, but that solving only the investment...
Persistent link: https://www.econbiz.de/10011145425
In 1988 the UK government introduced greater accountability into the English state school sector. But the information that schools are required to make public on their pupil achievement is only partial. The paper examines whether accountability measures based on a partial summary of student...
Persistent link: https://www.econbiz.de/10005114330