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Redistributive effects of public financing of university education in Quebec in 1984 are analyzed. Families are grouped by education level of head of family; redistributive effects are assumed to take place within families which are likely to have a child in university during the period of the...
Persistent link: https://www.econbiz.de/10005431878
In their choice of a field of study, students are assumed by the "neoclassical" theory to be rational, well informed, flexible, and to react to changes in monetary variables. Data from a survey are used to show that students are economic men and women only in a weak sense: 1) they appear to be...
Persistent link: https://www.econbiz.de/10008556341
Economists have grown accustomed to measuring the profitability of education with an all-purpose rate of return. Even though the benefits of education are received in the future, the rate of return is obtained by comparing costs and increments in earnings observed in a single period. Since...
Persistent link: https://www.econbiz.de/10008556408
The object of this paper is the relationship between public expenditures on university education and subsequent public benefits arising from an extended fiscal base. Fiscal rates of return corresponding to a doubling of fees are computed for Quebec. Ce rapport met en relation les dépenses...
Persistent link: https://www.econbiz.de/10008556509
An earnings function is defined for the highly qualified manpower in Canada in 1973. Education, experience and field of study, instead of occupation, are the arguments. By use of regression techniques it is shown that the third independent variable adds significantly to the explanation of the...
Persistent link: https://www.econbiz.de/10008510347
Persistent link: https://www.econbiz.de/10008510407
Better education means higher income. This correlation remains undisputed in the economics of education. Such is not the case for the meaning to be given to it. Why do better educated people earn more? Following Mark Blaug, various explanations are regrouped around three headings, economic,...
Persistent link: https://www.econbiz.de/10008510514
Persistent link: https://www.econbiz.de/10008510582
Persistent link: https://www.econbiz.de/10008510916
This paper reports empirical evidence on the determinants of the decision to stay in school for a group of young Quebecers. The model used is derived from the theory of investment in human capital. The independent variables refer to personal characteristics, family environment, school...
Persistent link: https://www.econbiz.de/10008510919