Growth is pro-poor if the poverty measure of interest falls. This implies three potential sources of pro-poor growth: (a) a high rate of growth of average incomes; (b) a high sensitivity of poverty to growth in average incomes; and (c) a poverty-reducing pattern of growth in relative incomes. I...

We propose a model of schooling that can account for the observed heterogeneity in workers' productivity and educational attainment. Identical unskilled agents can get a degree at a cost, but becoming skilled entails an additional unobservable effort cost. Individual labor can then be used as an...

This article contends that a new concept of education finance has emerged in response to substantial alterations in the U.S. education policy environment. The major distinction between modern and old is that the latter was principally concerned with arrangements of inputs in K-12 schooling. The...

Welche Reformen sollten im deutschen Schulsystem umgesetzt werden? In dieser und den kommenden drei Ausgaben des ifo Schnelldienstes berichtet die Artikelserie "Ökonomische Beiträge zur Schuldebatte" über die Befunde zahlreicher Forschungsarbeiten der Abteilung Humankapital und Strukturwandel...

In a two-type Stiglitz (1982) model of optimal non-linear taxation it is shown that when the utility function relating to consumption is logaritmic the shadow price of the incentive constraint relating to the optimal tax problem exactly equals the Gini coefficient of the secondbest optimal...

In modern society the income distribution is one of the major problems. Usually, it is considered that a severe polarisation in matter of income per capita could have a major negative impact on the general process of economic development. This study is focussing on estimating dynamics of some...

The Kingdom of Lesotho’s Poverty Reduction Strategy Paper reports that consistent implementation of sound macroeconomic policies is critical to the attainment of poverty reduction objectives. At the central level, the authorities established sector working groups to facilitate the...