This paper investigates the implications of the collaboration between public and private human capital investments on GDP per capita and income inequality. It extends an overlapping generations model with heterogeneous agents and endogenous growth that allows for educational investments through...

We examine the relationship between education and social protection policies across OECD countries and thereby contribute to the growing political and academic discussion on how social investment and social protection are interrelated. We focus on how gover ment policy in two policy domains...

Abstract. Public education is one of the largest components of the public sectorin Colombia, in term of its size, share of public expenditures, and geographic coverage. In 1997, Colombia had 85 thousand educational establishments, 390 thousand teachers, and 8.6 million students. In addition,...

The study has been carried out to measure the incidence of government spending on education in Pakistan at the provincial (both rural and urban) level, using the primary data of the Pakistan Social Standard Living Measures Survey (PSLM), 2004-2005, and by employing the three-step Benefit...

The paper aims at investigating the two main characteristics of a modern system of compulsory education with a focus on Romania. It assumes that the equity of the education sector and the efficiency of resource use are strongly correlated, both supporting

The impact that education, particularly higher education, has on individuals - with direct influence on their standard of living, but also on society as a whole - on the community’s economic development, requires concern towards the necessary resources fo

The aim of the paper is to discuss the system of double-shift schooling and assess it from economic, social and educational angles referring to different cases from Sub-Saharan African countries. The paper makes an attempt to prove that despite certain challenges that it faces, the system of...

Israel’s education system is complicated by multiple streams at the primary and secondary levels and by military conscription. Population growth and economic expansion have brought a massive increase in demand for all levels of education. Educational attainment statistics are impressive, but...

Outside the United States (U.S.), very little is known about long-run trends in school productivity. We present new evidence using two data series from Australia, where comparable tests are available back to the 1960s. For young teenagers (aged 13-14), we find a small but statistically...

The returns to education have been thoroughly investigated and Sweden has shown to have a relatively low return compared to other countries in Europe. Nevertheless, few studies have combined the regional perspective with returns to education. Hence, the purpose of the paper is to analyze...