We propose an innovation-driven growth model in which education is determined by family background and cognitive … ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers …, compulsory education is implemented first and triggers the onset of market R&D. According to the British way, market R&D is …

partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U …-shaped way on education. To maintain a given level of human capital it is shown that a less efficient schooling technology …-tax inequality if it spent more on education. …

conducive business regulations amplify the positive impact on firm creation of better education and reduced skill mismatches. To … escape a low-productivity trap, policymakers should thus create a pro-business framework and a wellfunctioning education …

Economic theory advances various arguments in favor of and against privatizing education. In this paper we investigate …,000 voters in two Swiss cantons expressed their opinions on the issue of education vouchers and direct subsidies to private … schools. We find that successful attempts to move towards a more privatized education system rest mainly on pure income …

for massive public funding of higher education. Central to the debate is the conjecture that colleges and universities use … which public investment in higher education is efficient and desirable. We analyze non-stationary equilibria of an OLG … economy, characterized by perfect capital mobility, intergenerational transfers and a hierarchical education system. The …

, long-term care, and higher education. …

This paper studies oligopolistic competition in education markets when schools can be private and public and when the … quality of education depends on "peer group" effects. In the first stage of our game schools set their quality and in the … public schools as regulatory tool in an otherwise private education sector. -- education ; peer-group effects ; mixed duopoly …