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Modelling students' behaviour in relation to tuition fees is a complex task since students' "talent" is not common knowledge. Students observe a private noisy signal of their abilities, while university receives noisy information based on the quantitative and qualitative data provided by...
Persistent link: https://www.econbiz.de/10009151307
Abstract After a short criticism of the "self-funded education scheme" which is widely implemented in the world and often based on tuition fees, this article develops theoretical basis for a "contributory education scheme". This model is characterised 1) by a universal access for students to...
Persistent link: https://www.econbiz.de/10009151317
In a recent paper, Gary-Bobo and Trannoy introduce a model to study tuition fees as a tool to select students, in presence of asymmetric and imperfect information on the candidates' capacities. One of their main results is that if the results of the entrance test results are public, then it can...
Persistent link: https://www.econbiz.de/10008855291
The principle of conditional convergence, in growth theory, fails to explain growth paths that are durably divergent among countries having similar structural characteristics (same rates of investment, of capitaldepreciation, of demographic growth, and similar access to technologies and...
Persistent link: https://www.econbiz.de/10008855601
Tuition fees have been spreading through developed countries in the last decade. Beyond the obvious interest of funding universities, it is advocated that they could serve as a tool to select students. According to some recent models, in presence of asymmetric and imperfect information on the...
Persistent link: https://www.econbiz.de/10008790927
What was the role of consumption structure evolution in the industrialization phases of the Western world since the 18th century? To answer this question, we first ask the économical ad historical literature. We detify the main phases of consumption structure evolution and establish a plausible...
Persistent link: https://www.econbiz.de/10008793635
Dans un récent article, Gary-Bobo et Trannoy (2008) avancent l'idée que, sous certaines conditions, les frais d'inscription à l'université peuvent être un élément socialement utile pour sélectionner les étudiants à l'entrée de l'université. Les conditions définies dans leur article...
Persistent link: https://www.econbiz.de/10008794048
The principle of conditional convergence, in growth theory, fails to explain growth paths that are durably divergent among countries having similar structural characteristics (same rates of investment, of capitaldepreciation, of demographic growth, and similar access to technologies and...
Persistent link: https://www.econbiz.de/10008794221
Cet article analyse les impacts de l'introduction de frais d'inscription à l'Université Paris 9 Dauphine sur les parcours des étudiants recrutés par cette université. Les données que nous utilisons sont issues de la base de données SISE qui recense de manière exhaustive les inscriptions...
Persistent link: https://www.econbiz.de/10010775950
In this paper, we study the higher education financing based on the classical contributory versus self-funded pension funding scheme. We provide a brief discussion of how a system based on student debt can be seen 'funded' and why it fails to ensure equity and efficiency and funding for the...
Persistent link: https://www.econbiz.de/10010775952