The National Development Plan in South Africa aims to combat inequality. The Department of Higher Education and Training has identified goals for public universities not only to improve knowledge creation, transmission, and exchange but also equity. This paper analyzes the degree to which...

The National Development Plan in South Africa aims to combat inequality. The Department of Higher Education and Training has identified goals for public universities not only to improve knowledge creation, transmission, and exchange but also equity. This paper analyzes the degree to which...

This paper analyses the impact and correlation of different education indicators on the economic growth of Kosova from 2012 to 2022. Using time-series data, this paper applies the Cobb-Douglas production function as a measurement model. The main findings demonstrate a mixed impact on growth,...

This paper analyses the impact and correlation of different education indicators on the economic growth of Kosova from 2012 to 2022. Using time-series data, this paper applies the Cobb-Douglas production function as a measurement model. The main findings demonstrate a mixed impact on growth,...

According to rational expectation hypothesis, information is scarce and the economic agents generally do not waste information and that expectations depend specifically on the structure of entire system. Fiscal marksmanship, the accuracy of budgetary forecasting, can be one important piece of...

This study presents a two-class successive generations model with human capital accumulation and the choice to opt out of public education. The model demonstrates the mutual interaction between inequality and education choice and shows that this interaction leads to two locally stable...

If government revenues from a flat-rate income tax are spent on public factors and public factors are used for human capital production and human capital is used for the production of technical progress, then a higher rate of taxation will lead to a higher rate of technical progress if steady...

We analyze the challenges in adopting the rank-rank model of intergenerational mobility for policy evaluation. For rank-based analysis of intergenerational mobility, it is standard to calculate cohort-specific ranks from the national distribution, but separately for children's and parents'...

This paper analyzes the interactions among lifetime, intergenerational mobility and economic development in overlapping generations framework. In addition, we explain the mechanism that causes two motions of intergenerational mobility, monotonous motion and cyclical motion, which are observed in...

This paper analyzes the interactions among population dynamics with differential fertility, intergenerational mobility, income inequality and economic development in an overlapping generations framework. Population dynamics with differential fertility between the educated and the uneducated has...