expenditures, (2) significant share of education relegating the role of health care and (3) higher priority of transfer payments …-restructuring period indicates the shifting of priority from education and health towards transfer payments in the later than the former … social expenditures, higher priority of education and health and reform in the efficiency criteria used for the devolution of …

The aim of this paper is to estimate income advantages arising from publicly provided education and to analyse their … education-specific variation, from a cross-sectional perspective the overall result is the expected levelling effect. When … non-compulsory education, thus negating any social equalisation effects achieved within the compulsory education framework. …

people in education, is also linked to the overall decline in youth unemployment. Finally, as regards education, the results … indicate that the number of years of education, the number of young people with vocational training and, to a lesser extent … a well-functioning education system and labour market institutions that do not introduce distortions into the labour …

education with and without capital markets integration. First, we explore how regimes of education provision - public, private …-run effects of capital markets integration, in equilibrium, on the optimal provision of education and growth. Third, we examine a … competition game where countries compete in the provision of public education. …

We develop a dynamic stochastic general-equilibrium model of science, education and innovation to explain the …

This paper uses newly available Chinese micro data to estimate the return to college education for late 20th century … return to education has increased substantially in China, compared to the returns measured in the 1980 s and the early 1990's. …