This paper delves into the effects of public investment on primary school enrollment in low- and lower-middle-income countries (LMICs) over three decades, from 1990 to 2020. Autoregressive distributed lag models are employed to evaluate the long-term influence of public spending on enrollment...

Between the years 2001 and 2015, twenty-three states and the District of Columbia implemented a policy providing mandatory and free college admission exams (ACT or SAT) to all public high school juniors. As such, the policy reduced to zero out of pocket expenses for exam fees, and likely reduced...

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...

The present background paper reviews the progress of education including K12, vocational and higher education, skill development and literacy particularly during the last two decades in Andhra Pradesh and an attempt is made to identify gaps. It is observed that pre-primary education in the...

The present paper explores trends in privatization of school education in Andhra Pradesh and regional variations and its implications

In this paper, we examine the consequences of imperfect information on the pattern of transfers from parents to children. Drawing on the theory of mechanism design, we consider a model of family contract with two levels of effort. We prove that equal transfers among children are expected under...

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...

The technology of cognitive and non-cognitive skills formation is characterized by the cumulative nature of learning processes and by the presence of significant complementarities and irreversibilities in the acquisition of such skills [Cunha and Heckman, 2007]. From this it follows that, in...

The Government proposal about free in superior education it has produce a socio-economic gap in potential beneficiaries, impose juridical an certification requirement to institution. This fact can produce that a lot student that was a potential beneficiaries not have access to a free education,...

For the past decades, different economic policies were implemented in order to better the Egyptians’ living standards. However when we look at where Egypt stands in terms of quality of education and labor efficiency, we realize that those policies did not help as much as we would have hoped....