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We develop a new theoretical link between inequality and growth. In our model, fertility and education decisions are interdependent. Poor parents decide to have many children and invest little in education. A mean-preserving spread in the income distribution increases the fertility differential...
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Dans ce numéro de Regards économiques, nous étudions comment la qualité de l’éducation publique est affectée par la présence d’écoles privées fréquentées par les classes sociales supérieures. La nature du système politique qui décide du financement public est cruciale à cet...
Persistent link: https://www.econbiz.de/10009350425
How is the quality of public education affected by the presence of private schools for the rich? Theory and evidence suggest that the link depends crucially on the political system. We develop a theory that integrates private education and fertility decisions with voting on public schooling...
Persistent link: https://www.econbiz.de/10010637966
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We assess the merits of different education systems in a framework that accounts for the joint decision problem of parents regarding fertility and education. Specifically, we compare the implications of a public and a private schooing regime for economic growth and inequality; We find that...
Persistent link: https://www.econbiz.de/10004985242
In most democracies, the majority of education expenditures is financed by the government. In non-democracies, we observe a wide variation in the mix of public and private funding of education. In addition, countries with high inequality tend to rely more heavily on private schooling. We develop...
Persistent link: https://www.econbiz.de/10005027270
The governments of nearly all countries are major providers of primary and secondary education to its citizens. In some countries, however, public schools coexist with private schools, while in others the government is the sole provider of education. In this study,we askwhy different...
Persistent link: https://www.econbiz.de/10005413434