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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/10003937813
polarization of the electorate into changes in the distribution of voter ideal positions and consequences of elite polarization …
Persistent link: https://www.econbiz.de/10009503800
ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers …
Persistent link: https://www.econbiz.de/10011392484
I take advantage of a sharp discontinuity in the probability of admission to an elite university at the admission score …. Cumulated over fifteen years, the time span of income data for my sample, the net premium of attending the elite university …
Persistent link: https://www.econbiz.de/10011536219
This paper utilizes data on the presence of prominent individuals-that is, those with political (e.g., Members of Parliament) and aristocratic titles (e.g., lords)--on the boards of directors of English and Welsh banks from 1879 - 1909 to investigate whether the appointment of well-connected...
Persistent link: https://www.econbiz.de/10010465141
entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …
Persistent link: https://www.econbiz.de/10003202246
The aim of this paper is to examine the evolution of recruitment of elites and to investigate the nature of the links between recruitment of elites and economic growth. The main change that occurred in the way the Western world trained its elites is that meritocracy became the basis for their...
Persistent link: https://www.econbiz.de/10002524030
points higher than others. This facilitated the persistence of that elite group. A systematic analysis of 17,589 documents …
Persistent link: https://www.econbiz.de/10013202417
industrializing countries implement policies that improve the health of the poor. Exploiting county-level variation in elite structure …
Persistent link: https://www.econbiz.de/10013262786
Elite skills have become crucial in today’s superstar economy. We develop a multi-period skill-formation model where we … show that individuals with temporary disadvantages must exert greater effort to gain access to elite education. This … year become the superstars. We also show that if young students discount the future “too much”, high requirements to elite …
Persistent link: https://www.econbiz.de/10012298682