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In this paper, I provide an economic perspective on policy issues related to student debt in the United States. I lay out the economic rationale for government provision of student loans, summarize time trends in student borrowing, describe the US loan market, then turn to topics central to the...
Persistent link: https://www.econbiz.de/10013011439
In higher education, pure credit market funding leads to underinvestment due to insufficient risk pooling, while pure income-contingent loan funding leads to overinvestment. We analyze whether funding diversity – a market structure in which credit markets coexist alongside income-contingent...
Persistent link: https://www.econbiz.de/10012997605
We borrow standard assumptions from the non-renewable-resource-taxation and from the directed-technical-change literatures, to take a full account of the incentives to perform R&D activities in a dirty-resource sector and in a clean-resource-substitute sector. We show that a gradual rise in the...
Persistent link: https://www.econbiz.de/10013063394
This paper develops sufficient conditions under which the Weak Green Paradox may (and may not) hold in terms of subsidies for biofuel production such that the supply-side responses by fossil fuel producers may more than offset the substitution to biofuels. Analytical results are derived and...
Persistent link: https://www.econbiz.de/10013316243
's clear eligibility criteria open up an opportunity for a reliable estimation of the causal impacts of the subsidy, using a … Finnish payroll tax subsidy scheme, which is targeted at the employers of older, full-time, low-wage workers. The system … difference-in-difference-in-differences approach. Our results indicate that the subsidy system had no effects on the employment …
Persistent link: https://www.econbiz.de/10013143569
school attended in grades 3 and 6, respectively. Consistent with recent evidence from other settings, we find that students … confirm that these achievement drops occur in non-urban areas and persist through grade 10, by which time most students have … students' performance trajectories …
Persistent link: https://www.econbiz.de/10013121868
. When only skilled workers are mobile, there is a sub-optimal shift from taxes to fees and the number of students is too low …. When also students can migrate, there is a countervailing force such that maintaining the optimal financial mix becomes …
Persistent link: https://www.econbiz.de/10013104571
Government student loan programs must balance the need to enforce repayment among borrowers who can afford to make their payments with some form of forgiveness or repayment assistance for those who cannot. Using unique survey and administrative data from the Canada Student Loan Program, we show...
Persistent link: https://www.econbiz.de/10013071390
This paper investigates the determinants of academic achievements of post-reform undergraduate students of Ca' Foscari … University of Venice. Academic achievements are measured with the students' grade point averages and time to graduation. The set … of independent variables contains information on students' personal characteristics, prior academic achievements, family …
Persistent link: https://www.econbiz.de/10013024368
Higher education is not just a signal of innate ability. At least a certain level of educational achievement (degree level, degree mark) is strictly required to perform a graduate job. School leavers fall into two categories, the rich and the poor. Ability is distributed in the same way in both...
Persistent link: https://www.econbiz.de/10013026630