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We investigate externalities in higher education enrollment over the course of development in a two-sector model. Each …. -- higher education ; enrollment ; externalities ; two-sector model … acquiring human capital. Both sectors exhibit productivity externalities in the size of the skill-specific labor and in the …
Persistent link: https://www.econbiz.de/10009570881
A pay-as-you-go pension scheme is associated with positive externalities of having children and providing them with … education, we discuss internalization policies associated with child benefits in the pension formula. The second-best scheme …
Persistent link: https://www.econbiz.de/10003113341
In an environment with asymmetric information the implementation of a first-best efficient Clarke-Groves-Vickrey (D …
Persistent link: https://www.econbiz.de/10002756268
Hierarchical and comprehensive school systems are compared with respect to efficiency. At given ability, a student?s probability of not completing school rises with increasing mean ability in class. Both school systems can yield identical average failure rates. Given that output losses in case...
Persistent link: https://www.econbiz.de/10009780198