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Displaying results 1 to 13 of 13.

  1. Intergenerational debt dynamics without tears
    Author: Andersen, Torben M.; Bhattacharya, Joydeep
    Published: December 3, 2018
    Publisher:  Iowa State University, Department of Economics, Ames, Iowa

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Iowa State University, Department of Economics ; number 18019
    Subjects: Pareto improvements; Hicks-Kaldor criterion; transitional dynamics; public debt; public education; overlapping-generations models
    Scope: 1 Online-Ressource (ca 47 Seiten), Illustrationen
  2. Accounting for the international quantity-quality trade-off
    Author: Córdoba Muñoz, Juan C.; Liu, Xiying; Ripoll, Marla
    Published: January 31, 2019
    Publisher:  Iowa State University, Department of Economics, Ames, Iowa

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Iowa State University, Department of Economics ; number 19004
    Subjects: public education; fertility; mortality; schooling; parental altruism; TFP
    Scope: 1 Online-Ressource (ca 75 Seiten), Illustrationen
  3. Human capital, economic growth, and public expenditure
    Author: Bethencourt, Carlos; Perera-Tallo, Fernando
    Published: [2020]
    Publisher:  Asian Development Bank Institute, Tokyo, Japan

    To understand the weak empirical relationship between human capital and macroeconomic performance, this paper presents a model in which human capital is allocated to three activities: production, tax collection (bureaucracy), and public education.... more

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    To understand the weak empirical relationship between human capital and macroeconomic performance, this paper presents a model in which human capital is allocated to three activities: production, tax collection (bureaucracy), and public education. The effective tax rate is low in poor countries because tax collection requires human capital, which is scarce. Throughout the transition, the effective tax rate rises, which involves a diversion of human capital from production to bureaucracy and public education. Consequently, human capital has a weak effect on production, even when human capital is efficiently allocated. Differences in institutional quality may involve a spurious negative correlation between gross domestic product and human capital.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/222833
    Series: ADBI working paper series ; no. 1066 (January 2020)
    Subjects: economic growth; human capital; bureaucracy; public education
    Scope: 1 Online-Ressource (circa 65 Seiten), Illustrationen
  4. ¡Viva la U!: defecto de la educación superior pública de alta calidad sobre el acceso, la permanencia y el mercado laboral : evidencia empírica para Colombia
    Author: Bayona-Rodríguez, Hernando; López, Camilo Ernesto
    Published: mayo de 2021
    Publisher:  CEDE, Centro de Estudios sobre Desarrollo Económico, Bogotá, D.C., Colombia

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    Source: Union catalogues
    Language: Spanish
    Media type: Book
    Format: Online
    Series: Array ; 2021, 25 (mayo de 2021)
    Subjects: Higher education; human capital; public education; quality; regression discontinuity
    Scope: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  5. Os ensinos público e privado no Brasil e a incidência de sobre-educação no mercado de trabalho
    Author: Reis, Maurício Cortez
    Published: abril de 2020
    Publisher:  Instituto de Pesquisa Econômica Aplicada, Rio de Janeiro

    Overeducation refers to the extent to which workers acquired education levels in excess of that required by their jobs. Low educational level is pointed out as a determinant for the incidence of overeducation, which is usually associated with... more

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    Overeducation refers to the extent to which workers acquired education levels in excess of that required by their jobs. Low educational level is pointed out as a determinant for the incidence of overeducation, which is usually associated with negative labor market outcomes. According to this argument, poorly educated workers are only qualified for jobs that require less years of schooling than they obtained. This paper aims to investigate the relationship between the probability of overeducation and the type of educational system (public or private education, which have quite different quality levels in Brazil). Estimates show that workers with secondary education who completed their study in public schools are more likely to be overeducated than those who completed their secondary education in private schools, which usually have better quality than the former ones. Among workers with a bachelor's degree, those who completed their programs in public institutions, which usually have better quality than private ones for higher education, are less likely to be overeducated.

     
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    Source: Union catalogues
    Language: Portuguese
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/240753
    Series: Texto para discussão / Ipea ; 2558
    Subjects: private education; public education; overeducation
    Scope: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  6. Nature versus nurture in social mobility under private and public education systems
    Author: Fan, Chengze Simon; Pang, Yu; Pestieau, Pierre
    Published: July 2020
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    This paper analyzes the roles of innate talent versus family background in shaping intergenerational mobility and social welfare under different education systems. We establish an overlapping-generations model in which the allocation of workforce... more

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    This paper analyzes the roles of innate talent versus family background in shaping intergenerational mobility and social welfare under different education systems. We establish an overlapping-generations model in which the allocation of workforce between a high-paying skilled labor sector and a low-paying unskilled labor sector depends on talent, parental human capital, and educational resources, and the wage rate of skilled workers is governed by their average talent. Our model suggests that under the private education system, income inequality is inversely associated with social mobility, and the steady-state average talent of skilled workers declines as people make greater educational investments on their children. Under the public school system, the allocation of workforce depends more on talent and less on family background. Consequently, both intergenerational mobility and income inequality increase, and social welfare may improve under reasonable conditions. Moreover, if some parents are myopic, public education may yield the highest welfare.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/223544
    Series: CESifo working paper ; no. 8472 (2020)
    Subjects: innate ability; private education; public education; intergenerational mobility
    Scope: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  7. Public education and economic prosperity
    semi-endogenous growth revisited
    Author: Prettner, Klaus
    Published: 2012
    Publisher:  Univ. of Technology, Inst. of Mathematical Methods in Economics, Research Group Economics, Vienna

    We introduce publicly funded education into R&D-based economic growth theory. Our framework allows us to i) explicitly describe a realistic process of human capital accumulation within these types of growth models, ii) reconcile semi-endogenous... more

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    We introduce publicly funded education into R&D-based economic growth theory. Our framework allows us to i) explicitly describe a realistic process of human capital accumulation within these types of growth models, ii) reconcile semi-endogenous growth theory with the empirical evidence on the relationship between economic development and population growth, and iii) revise the policy invariance result of semi-endogenous growth frameworks. In particular, we show that the model supports a negative association between economic growth and population growth if the education sector is well developed and the population growth rate is low, that is, for modern industrialized countries. Furthermore, within our framework, changes in public educational investments have the potential to affect the long-run balanced growth rate.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/67601
    Series: ECON WPS ; 02/2012
    Subjects: Bildungspolitik; Bildungsinvestition; Forschung; Endogenes Wachstumsmodell; Theorie; public education; human capital accumulation; technological change; semi-endogenous economic growth
    Scope: Online-Ressource (PDF-Datei: 26 S., 346,19 KB)
  8. Oral History and Education
    Theories, Dilemmas, and Practices
    Contributor: Llewellyn, Kristina R. (Herausgeber); Ng-A-Fook, Nicholas (Herausgeber)
    Published: 2017
    Publisher:  Palgrave Macmillan US, New York

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  9. On public education spending under nonlinear income taxation
    Author: Krause, Alan
    Published: [2018]
    Publisher:  Department of Economics and Related Studies, University of York, York

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    Language: English
    Media type: Book
    Format: Online
    Series: Discussion papers in economics ; no. 18, 07
    Subjects: public education; nonlinear income taxation
    Scope: 1 Online-Ressource (circa 17 Seiten)
  10. The market value of public education
    Author: Soares, Sergei
    Published: October 2018
    Publisher:  Ipea, Institute for Applied Economic Research, Brasília, DF, Brazil

    This article estimates the market value of public education by comparing standardized test scores of students in public and private schools. The idea is to assign to the education of each public school student a market value equivalent to the tuition... more

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    This article estimates the market value of public education by comparing standardized test scores of students in public and private schools. The idea is to assign to the education of each public school student a market value equivalent to the tuition paid by private school students with similar test score results. The implementation requires an expenditure survey, or other database to provide information on tuitions, and standardized test scores available for both private and public schools. This article uses Brazilian test score data, which are particularly good. The main results are not surprising. Pre-school, primary, and secondary education are all highly progressive government transfers. Furthermore, since their market value is superior to public expenditures in each of these educational levels, they are also welfare enhancing. The flip side is that public higher education is both highly regressive and welfare reducing.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/220323
    Series: Discussion paper / IPEA ; 236 (October 2018)
    Subjects: public education; value of education; educational proficiency
    Scope: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  11. Increasing resistance to globalization
    the role of trade in tasks
    Author: Egger, Hartmut; Fischer, Christian
    Published: [2019]
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    Based on empirical evidence from cross-country survey data, we argue that the surge of trade in tasks over the last decades can explain increasing resistance to globalization in industrialized countries. In a traditional trade model of a small open... more

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    Based on empirical evidence from cross-country survey data, we argue that the surge of trade in tasks over the last decades can explain increasing resistance to globalization in industrialized countries. In a traditional trade model of a small open economy, we demonstrate that public education provides protection against losses from trade in goods and services if trade increases the relative price of skill-intensive goods. Furthermore, increasing public schooling expenditure may help securing support for trade reform by a majority of voters. However, if education provides task-specific skills and trade in tasks makes some of these skills obsolete in the open economy, raising public schooling expenditure is of limited help to secure support for trade reform by a majority of voters, even if the reform is welfare-improving. Therefore, our analysis indicates that, in contrast to past episodes of globalization, public education does not shield workers from losses from trade in tasks and that drastic changes of the education system are needed in order to counter the increase of protectionist sentiments. To preserve majority support for trade reform, policy makers should adjust public education to provide broader, lessspecialized skills. Although broader skills are less productive in a closed economy, acquiring them pays off as they increase the likelihood that a proposal for welfare-improving trade reform can be successful in a referendum.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/201981
    Series: Array ; no. 7755 (July 2019)
    Subjects: resistance to globalization; trade in tasks; public education; majority voting
    Scope: 1 Online-Ressource (circa 40 Seiten), Illustrationen
  12. Cities drifting apart
    heterogeneous outcomes of decentralizing public education
    Author: Brutti, Zelda
    Published: [2016]
    Publisher:  Institut d’Economia de Barcelona, Barcelona

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    Language: English
    Media type: Book
    Format: Online
    Series: Array ; 2016, 26
    Subjects: Decentralization; public education; inequality
    Scope: 1 Online-Ressource (circa 55 Seiten), Illustrationen
  13. Public and private expenditures on human capital accumulation in India
    Author: Ghate, Chetan; Glomm, Gerhard; Stone, John T.
    Published: 2015
    Publisher:  WIDER, Helsinki

    We study a model of human capital driven growth, where the parent's human capital serves as a productive input in the child's human capital production only when that of the former exceeds a minimum level required to intellectually contribute to the... more

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    We study a model of human capital driven growth, where the parent's human capital serves as a productive input in the child's human capital production only when that of the former exceeds a minimum level required to intellectually contribute to the child's learning. Private and public expenditures on education enter in the child's human capital production function, and are allowed to vary in terms of substitutability and relative productivity. Households receive income from labor and face both labor and consumption taxes. The government receives consumption tax revenues and a proportion of income tax revenues and spends these revenues on public education. We simulate the model to a state in India and experimentally increase public education spending through various tax instruments. We find: (i) large changes in education funding have very small effects on growth and on the evolution of income inequality; (ii) raising the consumption tax generates about as much economic growth as realizing an increase in the center-state transfer from the federal level, and (iii) financing this increase in public spending through the labor tax increases economic growth by less than utilizing the consumption tax; however, it reduces inequality by more than utilizing the consumption tax. Hence, there is growth-inequality trade-off.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/126345
    Series: Working paper / World Institute for Development Economics Research ; 2015/024
    Subjects: human capital; tax policy; public education; inequality; Indian economic growth
    Scope: Online-Ressource (41 S.), graph. Darst.