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Public vs Private Schooling in an Endogenous Growth Model

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  • Luís Francisco Aguiar-Conraria

    ()
    (Universidade do Minho - NIPE
    Department of Economics - Cornell University)

Abstract

I 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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File URL: http://www3.eeg.uminho.pt/economia/nipe/docs/2004/NIPE_WP_7_2004.PDF
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Bibliographic Info

Paper provided by NIPE - Universidade do Minho in its series NIPE Working Papers with number 7/2004.

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Date of creation: 2004
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Handle: RePEc:nip:nipewp:7/2004

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Postal: Núcleo de Investigação em Políticas Económicas, Escola de Economia e Gestão, Universidade do Minho, P-4710-057 Braga, Portugal
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  1. Oded Galor & Joseph Zeira, 2013. "Income Distribution and Macroeconomics," Working Papers 2013-12, Brown University, Department of Economics.
  2. Jean-Pierre Vidal & Michael Bräuninger, 2000. "Private versus public financing of education and endogenous growth," Journal of Population Economics, Springer, vol. 13(3), pages 387-401.
  3. Peter Gottschalk & Timothy M. Smeeding, 1997. "Cross-National Comparisons of Earnings and Income Inequality," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 633-687, June.
  4. Zhang, Jie, 1996. " Optimal Public Investments in Education and Endogenous Growth," Scandinavian Journal of Economics, Wiley Blackwell, vol. 98(3), pages 387-404.
  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 818-34, August.
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Cited by:
  1. 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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