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Universidad Pública, Abierta y Gratuita: Análisis de factores cruciales para la evaluación de esta política pública

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Pablo D. López Zadicoff

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Abstract

The main argument supporting the policy of public, gratuitous and universal university is the one of equalization of opportunities. Nevertheless, the debate usually omits two crucial issues: the sequential characteristic of the educative process, and the opportunity cost of its financing. This paper develops a theoretical model that acknowledges these factors, concluding that public university can be a sub-optimal redistributive policy. Moreover it presents an empirical analysis, based on probit-type regressions, which show that the probability of benefiting from public university increases significantly with the agents’ income.

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Publisher Info
Paper provided by Universidad del CEMA in its series CEMA Working Papers: Serie Documentos de Trabajo. with number 333.

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Length: 20 pages
Date of creation: Nov 2006
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Handle: RePEc:cem:doctra:333

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Find related papers by JEL classification:
I2 - Health, Education, and Welfare - - Education
H5 - Public Economics - - National Government Expenditures and Related Policies

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  1. Fernandez, Raquel & Rogerson, Richard, 1995. "On the Political Economy of Education Subsidies," Review of Economic Studies, Blackwell Publishing, vol. 62(2), pages 249-62, April. [Downloadable!] (restricted)
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  2. De Fraja, Gianni, 2002. "The Design of Optimal Education Policies," Review of Economic Studies, Blackwell Publishing, vol. 69(2), pages 437-66, April.
    Other versions:
  3. Hoxby, Caroline M, 1998. "How Much Does School Spending Depend on Family Income? The Historical Origins of the Current School Finance Dilemma," American Economic Review, American Economic Association, vol. 88(2), pages 309-14, May. [Downloadable!] (restricted)
  4. Fernandez, Raquel & Rogerson, Richard, 1996. "Income Distribution, Communities, and the Quality of Public Education," The Quarterly Journal of Economics, MIT Press, vol. 111(1), pages 135-64, February. [Downloadable!] (restricted)
  5. 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 813-34, August.
  6. Goldin, Claudia & Katz, Lawrence F, 1998. "The Origins of State-Level Differences in the Public Provision of Higher Education: 1890-1940," American Economic Review, American Economic Association, vol. 88(2), pages 303-08, May. [Downloadable!] (restricted)
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