Franklin

Tuition Subsidies in a Model of Economic Growth [electronic resource] Gerson, Philip R..

Author/Creator:
Gerson, Philip R.
Publication:
Washington, D.C. : International Monetary Fund, 1994.
Format/Description:
Government document
Book
1 online resource (24 p.)
Series:
IMF eLibrary
IMF Working Papers; Working Paper No. 94/100.
IMF Working Papers; Working Paper No. 94/100
Status/Location:
Loading...

Options
Location Notes Your Loan Policy

Details

Local subjects:
Cost of education. (search)
Educated people. (search)
Educated workers. (search)
Education and training. (search)
Education sector. (search)
Education subsidies. (search)
Educational achievement. (search)
Educational attainment. (search)
Educational output. (search)
Educational subsidies. (search)
Educational subsidy. (search)
Subsidies. (search)
Subsidy. (search)
Botswana. (search)
Cameroon. (search)
Ethiopia. (search)
Gambia, The. (search)
Ghana. (search)
Guinea-Bissau. (search)
India. (search)
Kenya. (search)
Lesotho. (search)
Liberia. (search)
Madagascar. (search)
Malawi. (search)
Mali. (search)
Morocco. (search)
Namibia. (search)
Pakistan. (search)
Sierra Leone. (search)
Swaziland. (search)
Tunisia. (search)
Zambia. (search)
Zimbabwe. (search)
Summary:
This paper examines a two-sector aggregative growth model with human capital and educated unemployment. In the model, a tuition subsidy may lead to a long-run decline in the educated fraction of the population, because it may decrease the long-run per capita stock of physical capital in the economy, tending to reduce the output of the education sector and the incentives for workers to enroll in school. Thus, cuts in education subsidies undertaken by countries in Africa for adjustment reasons may actually lead to long-run increases in the educational attainment of their populations.
Notes:
Description based on print version record.
Contributor:
Gerson, Philip R.
Other format:
Print Version:
ISBN:
1451852339:
9781451852332
ISSN:
1018-5941
Publisher Number:
10.5089/9781451852332.001
Access Restriction:
Restricted for use by site license.