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We examine ways of funding higher education, comparing upfront tuition fees with graduate taxes. The tax dominates, as … volatility in future income is transferred from risk-averse students to the risk-neutral state. However, a double moral hazard … problem arises when students' efforts to raise lifetime income and universities' activities to improve teaching quality are …
Persistent link: https://www.econbiz.de/10009303444
ways depending on social affinity and on the prospect of upward or downwardmobility of the different income classes, (ii …) income distribution dynamics, intergenerational community formation and growth. In a world in which redistributive policies … pattern of income distribution and local versus social spillovers ratio under which inequality and segregation persist in the …
Persistent link: https://www.econbiz.de/10009615432
/benefit system upon these returns across time and show the role of income tax changes upon the return to education for the individual … and the state. -- returns to education ; microsimulation ; income generation model …In this paper we utilise microsimulation techniques in the form of an income generation model and a tax/benefit model …
Persistent link: https://www.econbiz.de/10009235519
With increasing numbers of young people participating in higher education in Ireland and a heavy reliance of higher … education institutions on state funding, the introduction of an alternative finance system for Ireland has been muted over the … we utilize a dynamic microsimulation model developed for Ireland to simulate the impact of both an income contingent loan …
Persistent link: https://www.econbiz.de/10009235521
We examine ways of funding higher education, comparing upfront tuition fees with graduate taxes. The tax dominates, as … volatility in future income is transferred from risk-averse students to the risk-neutral state. However, a double moral hazard … problem arises when students' efforts to raise lifetime income and universities' activities to improve teaching quality are …
Persistent link: https://www.econbiz.de/10013135633
motivates the median voter to obtain higher education. As a result of increasing own income, the median voter prefers in the … future lower taxes than without higher education. Therefore, the expansion of participation in higher education during the …This paper analyzes educational choices and political support for subsidies to higher education in the presence of a …
Persistent link: https://www.econbiz.de/10012776006
With increasing numbers of young people participating in higher education in Ireland and a heavy reliance of higher … education institutions on state funding, the introduction of an alternative finance system for Ireland has been muted over the … we utilize a dynamic microsimulation model developed for Ireland to simulate the impact of both an income contingent loan …
Persistent link: https://www.econbiz.de/10013126933
ways depending on social affinity and on the prospect of upward or downward mobility of the different income classes, (ii …) income distribution dynamics, intergenerational community formation and growth. In a world in which redistributive policies … pattern of income distribution and local versus social spillovers ratio under which inequality and segregation persist in the …
Persistent link: https://www.econbiz.de/10014127229
In this chapter, William Watson challenges Heath's interpretation of the benefits of productivity growth, but agrees with Richard Harris' views on the state of our knowledge about the potential contribution of social programs to productivity growth. Watson tackles Heath's assessment of the...
Persistent link: https://www.econbiz.de/10005518914
Persistent link: https://www.econbiz.de/10000132852