Education Choice, Endogenous Growth and Income Distribution

Education Choice, Endogenous Growth and Income Distribution
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教育选择、内生增长和收入分配

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发表时间:
2004
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通讯作者:
Buly A. Cardak
Buly A. Cardak
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文献类型:
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作者:
Buly A. Cardak

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本文研究的是一种经济,父母可以在公立或私立学校之间进行选择,并可以对用于资助公立学校的税收进行投票。该模型被校准到美国的数据,并使用模拟研究。出现双峰收入分布,公立教育的学生收敛到低收入均衡,而私立教育的学生经历较高的收入内生增长。然而,公立教育学生通过私立教育学生的溢出效应经历了长期增长。可能存在的问题,私人替代公立教育,如教育为基础的班级结构的出现,被确定。
This paper studies an economy where parents can choose between public or private schools and can vote on taxes used to fund public schools. The model is calibrated to US data and studied using simulations. A bimodal income distribution emerges where public education students converge to a low-income equilibrium while private education students experience endogenous growth with higher incomes. However, public education students experience long-run growth through a spillover from private education students. Possible problems with the existence of a private alternative to pubic education, such as the emergence of a education-based class structure, are identified.