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http://hdl.handle.net/2445/116661
Title: | Political economics of higher education finance |
Author: | Borck, Rainald Wimbersky, Martin |
Keywords: | Eleccions Educació superior Finançament Elections Higher education Funding |
Issue Date: | 2010 |
Publisher: | Institut d’Economia de Barcelona |
Series/Report no: | [WP E-IEB10/17] |
Abstract: | We study voting over higher education finance in an economy with risk averse households who are heterogeneous in income. We compare four different systems and analyse voters' choices among them: a traditional subsidy scheme, a pure loan scheme, income contingent loans and graduate taxes. Using numerical simulations, we find that majorities for income contingent loans or graduate taxes become more likely as the income distribution gets more equal. We also perform sensitivity analyses with respect to risk aversion and the elasticity of substitution between high skilled and low skilled workers. |
Note: | Reproducció del document publicat a: http://www.ieb.ub.edu/2012022157/ieb/ultimes-publicacions |
It is part of: | IEB Working Paper 2010/17 |
URI: | http://hdl.handle.net/2445/116661 |
Appears in Collections: | IEB (Institut d’Economia de Barcelona) – Working Papers |
Files in This Item:
File | Description | Size | Format | |
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IEB10-17_Borck+Wimbersky.pdf | 680.4 kB | Adobe PDF | View/Open |
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