Showing 1 - 9 of 9
We consider a two-period overlapping generations economy in which individuals work in both periods and acquire skills when young through both learning-by-doing and formal education. We characterise the unique saddle-path stable steady state of this economy and show that individuals spend too...
Persistent link: https://www.econbiz.de/10005779657
We study how the allocation of government expenditures between two major outlays -- education and pay-as-you-go social security -- affects income distribution in an economy with heterogeneous agents.
Persistent link: https://www.econbiz.de/10005781220
This paper examines interactions between education policy and growth. The analysis is carried out in an OLG model with two types of individuals: skilled and unskilled.
Persistent link: https://www.econbiz.de/10005669498
Dans le cadre d'un modele de croissance a generations imbriquees avec agents heterogenes, on analyse dans cet article les consequences en termes de croissance et de chomage de politiques publiques de subvention a l'education.
Persistent link: https://www.econbiz.de/10005779631
We investigate the balanced growth effects of pension pland on the rate of growth and on equality in a closed economy where individual decisions about education are the engine of growth. We distinguish between three different benefit rules: a Beveridgean one, a Bismarckian one depending on one's...
Persistent link: https://www.econbiz.de/10005634083
This paper provides an analysis relating economic growth, human capital composition, income distribution and public education policies.
Persistent link: https://www.econbiz.de/10005744368
Persistent link: https://www.econbiz.de/10005776212
the raison level. The majority of the studies of the impact of decentralization in Russia have concentrated on the …
Persistent link: https://www.econbiz.de/10005744318
We review empirical evidence on the ability of decentralization to enhance preference matching and technical efficiency … evidence of decentralization's effects on service delivery is weak, incomplete, and often contradictory. Our own unweighted … that decentralization increases technical efficiency across a variety of public services, from student test scores to …
Persistent link: https://www.econbiz.de/10015361218