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vouchers can increase economic growth. families that switch from public to private education due to vouchers experience higher …This paper uses a growth model with public and private education alternatives to investigate the implications of … education voucher for economic growth and the evolution of income inequality. The results indicate that introducing education …
Persistent link: https://www.econbiz.de/10010541775
vouchers can increase economic growth. families that switch from public to private education due to vouchers experience higher …This paper uses a growth model with public and private education alternatives to investigate the implications of … education voucher for economic growth and the evolution of income inequality. The results indicate that introducing education …
Persistent link: https://www.econbiz.de/10008867760
This paper studies a growth model with public and private education alternatives. The impact of education vouchers for … economic growth and the evolution of income inequality are considered. Results indicate that introducing education vouchers can … base, in turn raising public education expenditures and growth of the whole economy. Vouchers are found to generally in …
Persistent link: https://www.econbiz.de/10008867845
focuses on neoclassical growth in order to ensure tractability in identifying a steady state. The steady state income … distribution is found to be bimodal. Public education offers higher growth to the poor in the transition to the steady state …
Persistent link: https://www.econbiz.de/10010541692
focuses on neoclassical growth in order to ensure tractability in identifying a steady state. The steady state income … distribution is found to be bimodal. Public education offers higher growth to the poor in the transition to the steady state …
Persistent link: https://www.econbiz.de/10008867837
In this paper it is argued that the domestic division of labor and trade is organized according to the same principle as the international division of labor and trade – the Ricardian comparative advantages. After all, the ultimate source of these comparative advantages is the individual. The...
Persistent link: https://www.econbiz.de/10005642399
, which provides an integrated framework for analysing the local determinants of inequality and growth. Five main conclusions … resulting from individual residential decisions can be quite inefficient, both from the point of view of aggregate growth and in … richer communities; thus average academic performance and income growth both fall. Yet it may still be possible for education …
Persistent link: https://www.econbiz.de/10005661649
income growth, wealth inequality and political participation. …
Persistent link: https://www.econbiz.de/10005677871
income growth, wealth inequality and political participation. We predict that developing countries will tend to overinvest in …
Persistent link: https://www.econbiz.de/10005504686
for missing credit and insurance markets. The resulting tradeoffs for growth and efficiency are explored, both … to higher income growth than taxes and transfers, but at the cost of lower insurance. Overall efficiency is assessed …
Persistent link: https://www.econbiz.de/10005124288