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Competition between state universities
Luporini, Lisa; Grazzini, Annalisa; Petretto, Alessandro - 2011
We analyse how state university competition to collect resources may affect both research and the quality of teaching … research and teaching supplied by each university, and the mix of low- and high-ability students attending each university. The … a higher teaching quality but pay higher tuition fees. -- university competition ; research ; tuition fees …
Persistent link: https://www.econbiz.de/10009011313
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The Expansion of Higher Education and Time-Consistent Taxation
Poutvaara, Panu - 2007
This paper analyzes educational choices and political support for subsidies to higher education in the presence of a time-consistency problem in income redistribution. There may be political support for so generous subsidization that it motivates the median voter to obtain higher education. As a...
Persistent link: https://www.econbiz.de/10012776006
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Externalities and Optimal Subsidization of Higher Education
Winter, Stefan - 2013
Higher education is subsidized worldwide, although with pronounced differences in levels of subsidization. While public funds account for about 90% of universities' budgets in Scandinavian countries, the share of public funds in Great Britain and the US is less that 30%. Subsidization is...
Persistent link: https://www.econbiz.de/10013080389
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University graduation dependent on family's wealth, ability and social status
Ehlers, Tim - 2011
This paper presents a model showing an incentive for a group of people to vote for higher tuition fees, even if these fees have no quality effect. The incentive is based on a non-monetary influence on utility, namely the social status or prestige of graduating. The basic assumption is that the...
Persistent link: https://www.econbiz.de/10009008128
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Universities as stakeholders in their students' careers : on the benefits of graduate taxes to finance higher education
McKenzie, Tom; Sliwka, Dirk - 2010
revenues are distributed evenly among universities there is free riding. To solve this problem each university should be … encourage more people to attend university than would the equivalent upfront tuition fee. -- higher education ; graduate tax …
Persistent link: https://www.econbiz.de/10009303444
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Credit constraints in education
Lochner, Lance; Monge-Naranjo, Alexander - 2012
We review studies of the impact of credit constraints on the accumulation of human capital. Evidence suggests that credit constraints have recently become important for schooling and other aspects of households' behavior. We highlight the importance of early childhood investments, since their...
Persistent link: https://www.econbiz.de/10009487423
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Capital market failure, adverse selection and equity financing of higher education
Jacobs, Bas; Wijnbergen, Sweder van - 2005
We apply theories of capital market failure to ana1yzeoptima1 financing of risky higher education. In the market solution,students can only finance their education through debt. There isunderinvestment in human capita1, because some students with socia1lyprofitable investments in human capita1...
Persistent link: https://www.econbiz.de/10011343276
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Student loans and repayment : theory, evidence and policy
Lochner, Lance; Monge-Naranjo, Alexander - 2014
Rising costs of and returns to college have led to sizeable increases in the demand for student loans in many countries. In the U.S., student loan default rates have also risen for recent cohorts as labor market uncertainty and debt levels have increased. We discuss these trends as well as...
Persistent link: https://www.econbiz.de/10010457242
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Universities as Stakeholders in Their Students' Careers : On the Benefits of Graduate Taxes to Finance Higher Education
McKenzie, Tom; Sliwka, Dirk - 2010
revenues are distributed evenly among universities there is free riding. To solve this problem each university should be … encourage more people to attend university than would the equivalent upfront tuition fee …
Persistent link: https://www.econbiz.de/10013135633
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A General Equilibrium Theory of College with Education Subsidies, In-School Labor Supply, and Borrowing Constraints
Garriga, Carlos - 2007
This paper analyzes the effectiveness of three different types of education policies: tuition subsidies (broad based, merit based, and flat tuition), grant subsidies (broad based and merit based), and loan limit restrictions. We develop a quantitative theory of college within the context of...
Persistent link: https://www.econbiz.de/10012728523