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In this paper, I modify the model of Glomm and Ravikumar (1992) and extend their work. In particular, I examine the link between income growth and inequality in a setting in which public and private education can coexist. In this setting, households are free to opt out of public education in...
Persistent link: https://www.econbiz.de/10010857424
This paper explores factors that contribute to growth in undergraduate knowledge of economics. An endogenous growth empirical model was applied to estimate students’ knowledge growth. Sources of knowledge growth were extracted to identify each factor’s contribution. Analysis indicated that...
Persistent link: https://www.econbiz.de/10010857430
This paper investigates that determinants of parents' education choices depend not only on economic factors but also on non-economic factors. I examined Pennsylvania's 67 counties in school year 1989-1990 as a case study of these determinants. An empirical model was applied to the study. Results...
Persistent link: https://www.econbiz.de/10010555863