In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this … partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U …-shaped way on education. To maintain a given level of human capital it is shown that a less efficient schooling technology …

The dominant role played by the state in the financing, regulation, and provision of primary and secondary education … reflects the widely-held belief that education is necessary for personal and societal well-being. The economic organization of … education depends on political as well as market mechanisms to resolve issues that arise because of contrasting views on such …

This study examines the effect of the quantity and quality of education on economic growth. Using a number of proxy … variables for the quantity and quality of education in a cross section of low and medium income countries, this study finds that … education quantity when measured by enrollment ratios, unambiguously influences economic growth. The effect of government …

The main objective of this paper was to visualize the relation between government spending on basic education and the … human capital accumulation process, observing the impacts of this spending on individual investments in higher education …, and on economic growth. From the results obtained, we may reach the central conclusion that basic education affects agents …