Optimal Educational Investment: Domestic Equity and International Competition | Zendy

Geraint Johnes | Zendy

AI Assistant Blog Pricing

Home ZAIA Blog

Open Access

Optimal Educational Investment: Domestic Equity and International Competition

Author(s) -

Geraint Johnes

Publication year - 2012

Publication title -

isrn economics

Language(s) - English

Resource type - Journals

ISSN - 2090-8938

DOI - 10.5402/2012/909727

Subject(s) - economics , equity (law) , counterexample , variety (cybernetics) , competition (biology) , construct (python library) , investment (military) , public economics , political science , computer science , politics , ecology , mathematics , discrete mathematics , artificial intelligence , law , biology , programming language

We construct a family of models to analyse the effect on optimal educational investment of (i) society's preferences for equity and (ii) competition between countries. The models provide insights about the impact of a variety of parameters on optimal policy. In particular, we identify a form of 'overeducation' that is new to the literature and provide a counterexample to a common finding in the literature on fiscal federalism

The content you want is available to Zendy users.

Already have an account? Click here to sign in.

Having issues? You can contact us here

Accelerating Research