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We consider the optimal education policies of a small economy whose government has a limited budget. Initially, the economy is closed and the government chooses its education policy to maximize welfare under autarky. Then the economy trades with the rest of the world. Lastly, the government...
Persistent link: https://www.econbiz.de/10013160221
Societies prohibit many transactions considered morally repugnant, although potentially efficiency-enhancing. We conducted an online choice experiment to characterize preferences for the morality and efficiency of payments to kidney donors. Preferences were heterogeneous, ranging from...
Persistent link: https://www.econbiz.de/10012979667
We investigate the choice of quality, or academic content, in higher education in a two-sector model. Individuals are differentiated according to their cost of acquiring human capital. A higher academic quality increases productivity upon training, but is also associated with higher cost of...
Persistent link: https://www.econbiz.de/10013015354
This paper argues that the consumption value of education is an important motivation for the educational choice. While controlling for ability, we document that individuals are willing to forego substantial future wage returns in order to acquire a particular type of higher education. We...
Persistent link: https://www.econbiz.de/10013155936
Though online technology has generated excitement about its potential to increase access to education, most research has focused on comparing student performance across online and in-person formats. We provide the first evidence that online education affects the number of people pursuing formal...
Persistent link: https://www.econbiz.de/10012951555
Despite the importance of the Bologna process for the mobility of students, and the further mobility of graduates, as well as for peace, growth and welfare in that area, nothing has been decided so far for the financing of internationally mobile students, so that the burden of that financing,...
Persistent link: https://www.econbiz.de/10012770440
We analyze the impact of expansion of higher education on student outcomes in the context of competition among colleges which differentiate themselves horizontally by setting curricular standards. When public or economic pressures compel less selective colleges to lower their curricular demands,...
Persistent link: https://www.econbiz.de/10012979106
introduces two levels of ability selection that reinforce each other. (i) In college, low ability students typically do not … from even attempting college. Taken together, the two levels of selection generate a large ability gap between college … graduates and high school graduates. We calibrate the model to data for men born around 1960 and find that ability selection …
Persistent link: https://www.econbiz.de/10013054498
This paper analyzes the impact of college enrollment expansion on student academic achievements and labor market outcomes in the context of competition among colleges. When public policies promote “access” to college education, colleges adjust their curricula: Less selective public colleges...
Persistent link: https://www.econbiz.de/10013023915
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...
Persistent link: https://www.econbiz.de/10013024368