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Dans ce numéro de Regards économiques, nous étudions comment la qualité de l’éducation publique est affectée par la présence d’écoles privées fréquentées par les classes sociales supérieures. La nature du système politique qui décide du financement public est cruciale à cet...
Persistent link: https://www.econbiz.de/10009350425
We assess the merits of different education systems in a framework that accounts for the joint decision problem of parents regarding fertility and education. Specifically, we compare the implications of a public and a private schooing regime for economic growth and inequality; We find that...
Persistent link: https://www.econbiz.de/10004985242
We argue the inequality and growth are linked through differential fertility and the accumulation of human capital. We build an overlapping-generations model in which dynasties differ in their initial endowment with human capital. Growth, the income distribution, and fertility are endogenous....
Persistent link: https://www.econbiz.de/10004985245