expected demand for innovation decisions. …

emerge. First, minor differences in education technologies, preferences, or wealth, can lead to a high degree of … inequality in education and income more persistent across generations. Whether the same is true of inequality in total wealth … richer communities; thus average academic performance and income growth both fall. Yet it may still be possible for education …

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 … increase economic growth. Households switching from public to private education experience higher incomes. This raises the tax …

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 … vouchers can increase economic growth. families that switch from public to private education due to vouchers experience higher …

general education, with vocational playing an inferior role in the society. The dynamics are best summarized by the ratio of … the fraction of the population in vocational to that in general education, which we interpret as a measure of the degree …

and general education, with a superior social status attached to general. The resulting dynamic political equilibrium is … best summarized by the ratio of vocational to general education, which we interpret as a measure of the degree of … vocational education at the expense of general. …

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 … vouchers can increase economic growth. families that switch from public to private education due to vouchers experience higher …

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 … increase economic growth. Households switching from public to private education experience higher incomes. This raises the tax …