EDUCATION FINANCING AND GROWTH USING AN OVERLAPPING GENERATIONS MODEL: A THEORETICAL PERSPECTIVE

This paper proposes an overlapping generations model along the lines of the papers by Glomm and Ravikumar (1997). Its aim is to provide a theoretical extension in which we establish, in an original framework, a comparison of public and private educational financing systems in terms of economic growth. The results provide a critique of the literature that suggests that private expenditure will inevitably lead to greater economic growth than a policy of public education.

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Year of publication:	2013
Authors:	Zambaa, Alleiddine Ayed ; Hassen, Lobna Ben
Published in:	Economic Annals. - Ekonomski fakultet, ISSN 0013-3264. - Vol. 58.2013, 197, 1, p. 7-22
Publisher:	Ekonomski fakultet
Subject:	Educational finance \| economic growth \| overlapping generations

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Extent:	application/pdf
Type of publication:	Article
Classification:	I22 - Educational Finance ; O47 - Measurement of Economic Growth; Aggregate Productivity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010681101