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The policy determinants of investment in tertiary education

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  • Joaquim Oliveira Martins
  • Romina Boarini
  • Hubert Strauss
  • Christine de la Maisonneuve

Abstract

The purpose of this article is to discuss how policies can affect investment in tertiary education in ways that would eliminate some of the perceived shortcomings of existing systems, while preserving or (preferably) enhancing equality of access to higher education. To this end, the analysis focuses on the institutional set-up of tertiary education that provides incentives for supplying quality educational services; the private returns from higher education which act to attract prospective students; and, individual funding mechanisms to help overcome the liquidity constraints that may restrict participation in higher education. These mechanisms should also be designed so as to prevent uncertainty about future incomes from unduly deterring investment in tertiary studies by risk-averse individuals. Joaquim Oliveira Martins, Romina Boarini, Hubert Strauss and Christine de la Maisonneuve

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Bibliographic Info

Article provided by OECD Publishing in its journal OECD Journal: Economic Studies.

Volume (Year): 2009 (2009)
Issue (Month): 1 ()
Pages: 1-37

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Handle: RePEc:oec:ecokac:5ksgqw6q3nvg

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Cited by:
  1. Coe, David T & Helpman, Elhanan & Hoffmaister, Alexander, 2008. "International R&D Spillovers and Institutions," CEPR Discussion Papers 6882, C.E.P.R. Discussion Papers.
  2. Eckhard Wurzel, 2009. "Finanzpolitik: Stärker auf Ergebnisse hin orientieren," Ifo Schnelldienst, Ifo Institute for Economic Research at the University of Munich, vol. 62(18), pages 38-42, 09.
  3. Tatjana Slavova, 2008. "A rank order and efficiency evaluation of the EU regions in a social framework," Empirica, Springer, vol. 35(4), pages 339-367, September.
  4. Felicity C Barker & Robert A Buckle & Robert W St Clair, 2008. "Roles of Fiscal Policy in New Zealand," Treasury Working Paper Series 08/02, New Zealand Treasury.
  5. Sebastian Barnes & Romain Bouis & Philippe Briard & Sean Dougherty & Mehmet Eris, 2013. "The GDP Impact of Reform: A Simple Simulation Framework," OECD Economics Department Working Papers 834, OECD Publishing.
  6. Alexander W. Hoffmaister & David T. Coe & Elhanan Helpman, 2008. "International R and D Spillovers and Institutions," IMF Working Papers 08/104, International Monetary Fund.

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