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The Political Economy of Post-Compulsory Education Policy with Endogenous Credit Constraints
Anderberg, Dan - 2008
Altruistic parents, who differ in income, make financial transfers to their children, who differ in ability. The children invest in post-compulsory education, subject to an endogenous credit constraint, and taking policy as given. There are two policy tools: a subsidy to those who participate in...
Persistent link: https://www.econbiz.de/10012771859
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Government Education Expenditures, Pre-Primary Education and School Performance : A Cross-Country Analysis
Del Boca, Daniela - 2018
Using data from OECD's PISA, Eurostat and World Bank's WDI, we explore how child cognitive outcomes at the aggregate country level are related to macroeconomic conditions, specifically government education expenditures and early education experience. We find that both government expenditures in...
Persistent link: https://www.econbiz.de/10012920118
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Education and Social Mobility
Cremer, Helmuth; De Donder, Philippe; Pestieau, Pierre - 2021
This paper shows that the design of education policy involves a potential conflict between welfare and social mobility. We consider a setting in which social mobility is maximized under the least elitist public education system, whereas welfare maximization calls for the most elitist system. We...
Persistent link: https://www.econbiz.de/10013316250
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Collective Choice and Individual Action : Education Policy and Social Mobility in England
Jennings, Colin - 2015
It is recognised that expressive preferences may play a major role in determining voting decisions because the low probability of being decisive in elections undermines standard instrumental reasoning. Expressive and instrumental preferences may deviate and in electoral settings it is more...
Persistent link: https://www.econbiz.de/10013029499
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The Greek Debt Crisis : Likely Causes, Mechanics and Outcomes
Arghyrou, Michael - 2010
We use insights from the literature on currency crises to offer an analytical treatment of the crisis in the market for Greek government bonds. We argue that the crisis itself and its escalating nature are very likely to be the result of: (a) steady deterioration of Greek macroeconomic...
Persistent link: https://www.econbiz.de/10013135455
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The Greek Crisis : Causes and Consequences
Garcia Pascual, Antonio I. - 2011
Greece has reached a point where, under any plausible macroeconomic scenario, public debt will continue growing faster … solvency and closing the competitiveness gap. Yet we think Greece stands a better chance of accomplishing these goals from …
Persistent link: https://www.econbiz.de/10013117780
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The Greek Crisis and Financial Assistance Programmes : An Evaluation
Arghyrou, Michael - 2015
programme (2012-14) achieved progress towards recovery but this was fragile and was cancelled out by Greece's stand-off with her … lenders in the first half of 2015. The stand-off was one that predictably Greece could not win, due to the lack of a credible …
Persistent link: https://www.econbiz.de/10013010491
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How to Handle the Crisis in Greece? Empirical Evidence Based on a Survey of Economics Experts
Potrafke, Niklas - 2016
crisis in Greece. 61.9% of the experts surveyed were not in favour of Greece exiting the Eurozone in the course of the … Republic, Denmark, and Slovakia were in favour of Greece exiting the Eurozone. The share of experts who were in favour of … Greece staying in the Eurozone increased to 69.8% in October 2015. 72.4% of experts surveyed believed that the IMF should …
Persistent link: https://www.econbiz.de/10012992606
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Public Funding of Higher Education
Viaene, Jean-Marie - 2011
Recent criticism from different sides has expressed the view that, with scarce resources, there is little justification for massive public funding of higher education. Central to the debate is the conjecture that colleges and universities use their resources inefficiently and focus...
Persistent link: https://www.econbiz.de/10013119638
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Financing Higher Education in a Mobile World
Demange, Gabrielle - 2012
This paper analyzes how integrated labor markets affect the financing of higher education. For this, we employ a general-equilibrium model with overlapping generations and individuals who differ in their abilities. At the first stage, governments can choose the quality of education and the...
Persistent link: https://www.econbiz.de/10013104571