Public vs private schooling in an endogenous growth model
AbstractI present an overlapping generations model, with formal education as the engine of growth, close to Glomm and Ravikumar (1992). Contrary to Glomm and Ravikumar, I show that public schooling, when compared to a private system, may stimulate economic growth.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 9 (2005)
Issue (Month): 10 ()
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Other versions of this item:
- Luís Francisco Aguiar-Conraria, 2004. "Public vs Private Schooling in an Endogenous Growth Model," NIPE Working Papers 7/2004, NIPE - Universidade do Minho.
- I2 - Health, Education, and Welfare - - Education
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
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99a11, Universite Aix-Marseille III.
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"Income Distribution and Macroeconomics,"
2013-12, Brown University, Department of Economics.
- Zhang, Jie, 1996. " Optimal Public Investments in Education and Endogenous Growth," Scandinavian Journal of Economics, Wiley Blackwell, vol. 98(3), pages 387-404.
- Glomm, Gerhard & Ravikumar, B, 1992. "Public versus Private Investment in Human Capital Endogenous Growth and Income Inequality," Journal of Political Economy, University of Chicago Press, vol. 100(4), pages 818-34, August.
- Christian Ferreda & Matías Tapia, 2010. "Redistributive Taxation, Incentives, and the Intertemporal Evolution of Human Capital," Documentos de Trabajo 390, Instituto de Economia. Pontificia Universidad Católica de Chile..
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