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and because the children have different access to education. Public policy is thus called for, for vertical as well as … cannot remedy this. Quantity controls become necessary: a compulsory education package, financed by a redistributive tax … system, achieves both types of equity. Redistributive taxation and compulsory education are therefore best seen as …
Persistent link: https://www.econbiz.de/10010496107
This paper proposes and analyzes a model of a European economy with three overlapping generations, redistributive social security, and public universities without tuition. Individuals differ ex ante. The effect of wage tax rate on occupational choice and the voting equilibrium of wage tax rate...
Persistent link: https://www.econbiz.de/10011398016
the form of in-kind collective expenditure (e.g., education, defense, infrastructure). The dominant assumption in the …, we find that public education spending goes disproportionately to the bottom half of the income distribution. A lump …-sum allocation provides a good approximation. Moving beyond the cross-section, we find that public education expenditure is …
Persistent link: https://www.econbiz.de/10012816827
consumption expenditure (e.g., education, defense, and the general legal and administrative infrastructure). Because of data … some of the collective consumption expenditure is actually distributed. We focus on public spending on education, which … makes up about 5% of national income in most OECD countries. We find that, in Germany at least, education spending tends to …
Persistent link: https://www.econbiz.de/10013328611
A large share of public funds is spent on private goods (education, health care, day care, etc.). This paper integrates …
Persistent link: https://www.econbiz.de/10011588509
In-kind transfers can provide insurance benefits when prices of consumption goods vary, as is common in developing countries. We develop a model demonstrating that in-kind transfers are welfare improving to beneficiaries relative to cash if the covariance between the marginal utility of income...
Persistent link: https://www.econbiz.de/10013331080
's education system, which is characterized by sources of school funding, the average expenditure per pupil, and the type of … are considered: (1) greater congestion in public schools; (2) a lower average tax base for education funding; (3) reduced … wages for low-skilled workers and so more dependence by low-skilled locals on public education; (4) a greater skill premium …
Persistent link: https://www.econbiz.de/10003796287
We study voting over higher education finance in an economy with risk averse households who are heterogeneous in income …. -- voting ; higher education ; financing scheme …
Persistent link: https://www.econbiz.de/10003897350
We study voting over higher education finance in an economy with two regions and two separated labor markets … subsidize higher education costs or whether to rely on tuition fees only. We find that in equilibrium, in both regions a … rates, but the larger are the numbers of exchange students. -- voting ; higher education ; financing scheme ; mobility …
Persistent link: https://www.econbiz.de/10009571122
We examine ways of funding higher education, comparing upfront tuition fees with graduate taxes. The tax dominates, as … encourage more people to attend university than would the equivalent upfront tuition fee. -- higher education ; graduate tax …
Persistent link: https://www.econbiz.de/10009303444