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Post-compulsory education: Participation and politics

Listed author(s):
  • Anderberg, Dan

In a much-cited paper Fernandez and Rogerson (1995) suggest that public spending on higher education is politically sustained by middle- and high income groups voting for a policy which is positive but not generous enough to allow lower income families to overcome the financial constraints that prevent their participation. Using a quantitative model, calibrated to the UK economy, we find that current public spending on post compulsory education corresponds to a political equilibrium. Support for the equilibrium policy comes primarily from low- and middle income groups, indicating that the policy needn't be highly regressive. Credit constraints play a minor role.

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File URL: http://www.sciencedirect.com/science/article/pii/S0176268012000663
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Article provided by Elsevier in its journal European Journal of Political Economy.

Volume (Year): 29 (2013)
Issue (Month): C ()
Pages: 134-150

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Handle: RePEc:eee:poleco:v:29:y:2013:i:c:p:134-150
DOI: 10.1016/j.ejpoleco.2012.10.006
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/505544

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