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We investigate the relationship between inequality and political support for public education funding in a model of … endogenous fertility and school choice. Household income heterogeneity is consistent with the skewness of empirical income … distributions. Inequality can drive education spending in opposite directions in poor and rich economies. A mean preserving spread …
Persistent link: https://www.econbiz.de/10011097938
We investigate the relationship between inequality and political support for public education funding in a model of … endogenous fertility and school choice. Household income heterogeneity is consistent with the skewness of empirical income … distributions. Inequality can drive education spending in opposite directions in poor and rich economies. A mean preserving spread …
Persistent link: https://www.econbiz.de/10013030494
threshold, to estimate causal returns to college education quality. I use a newly constructed dataset, which combines individual … admission threshold have 52% higher yearly income with respect to just-below-threshold students. This premium is equivalent to a … jump from the 44th percentile to the 74th percentile of the income distribution. The richness of the data allows me to …
Persistent link: https://www.econbiz.de/10012980577
quality level of higher education and the way education is financed. We start by examining a closed economy. In the presence … of imperfect credit markets the education level with pure fee-financing is lower than the optimal level. If the credit … skilled mobile workers as tax-payers while - at least partially - free-riding on the other country’s provision of education …
Persistent link: https://www.econbiz.de/10005094493
generations. Its Pareto-improving abolition requires levying age-dependent taxes on the young. These being infeasible, abolition …
Persistent link: https://www.econbiz.de/10005406080
This paper estimates the effects of family-background characteristics on student performance in the US and 17 Western European school systems. Family background has strong effects both in Europe and the United States, remarkably similar in size. France and Flemish Belgium achieve the most...
Persistent link: https://www.econbiz.de/10005406421
performance in pre-university education. Employing data from central exit exams, a positive link between competition intensity and …
Persistent link: https://www.econbiz.de/10004979417
Justification for policies to encourage investments in education, particularly for individuals at the lower end of the … potentially loss averse around their expected outcome make risky investments in education and we draw on optimal tax theory to … preferences, standard risk aversion and labour supply behaviour, (ii) the risk properties of education, and (iii) the degree of …
Persistent link: https://www.econbiz.de/10011103402
This paper is motivated by the fact that nearly half of U.S. college students drop out without earning a bachelor’s degree. Its objective is to quantify how much uncertainty college entrants face about their graduation outcomes. To do so, we develop a quantitative model of college choice. The...
Persistent link: https://www.econbiz.de/10011165502
This contribution investigates the role of education in domestic terrorism for 133 countries between 1984 and 2007. The … findings point at a nontrivial effect of education on terrorism. Lower education (primary education) tends to promote terrorism … education (university education) reduces terrorism in a cluster of countries where conditions are more favorable. This suggests …
Persistent link: https://www.econbiz.de/10010877794