This is a theoretical study of human-capital accumulation, where parental, as well as public investments are essential. Policy influence rich and poor parents differently when they make educational decisions. Rich parents allocate resources efficiently between physical bequests and educational...

This paper analyzes simultaneous voting on the wage tax rate and investment in public education with three overlapping generations and productivity differences inside each cohort. Wage tax revenue finances public education and social security benefits. The presence of productivity differences...

School accountability systems that establish the adoption of incentives for teachers and school managers usually impact positively students' performance. However, in many circumstances, school accountability systems may face institutional restrictions to establish rewards and sanctions to...

This text for discussion addresses the implications of the new tax regimes - Union and states - in the financing of public education. It adopts the disaffection of taxation as the northern implications, and concludes that the changes generated a less cooperative, more restrictive in terms of...

An increasing international applicability of a given type of education encourages students to invest more effort when studying. Governments, on the other hand, face an incentive to divert the provision of public education away from internationally applicable education toward country-specific...

This is a theoretical study of human-capital accumulation, where parental, as well as public investments are essential. Policy influence rich and poor parents differently when they make educational decisions. Rich parents allocate resources efficiently between physical bequests and educational...

This text for discussion addresses the implications of the new tax regimes - Union and states - in the financing of public education. It adopts the disaffection of taxation as the northern implications, and concludes that the changes generated a less cooperative, more restrictive in terms of...

En este documento se plantea un modelo teórico de generaciones traslapadas en el que se muestra la importancia de la política fiscal para reducir las brechas salariales e incrementar la producción de largo plazo. Los resultados del modelo evidencian que la relación entre maximizar la...

School accountability systems that establish the adoption of incentives for teachers and school managers usually impact positively students’ performance. However, in many circumstances, school accountability systems may face institutional restrictions to establish rewards and sanctions to...

Sustainability of the Social Security Systems is dependant on a large variety of factors of which, directly connected with the general economic growth, the human capital proved to have a decisive and direct influence. Internationally synchronized Education should, in this context, normally be...