TY - BOOK AU - Cardak,Buly A. TI - Education vouchers, growth and income inequality T2 - Discussion papers SN - 1864465573 U1 - 379.111 21 PY - 2001/// CY - Bundoora, Vic. PB - La Trobe University. School of Business KW - ENSEÑANZA PRIVADA KW - MODELO DE SIMULACION KW - SUBSIDIOS KW - ENSEÑANZA PUBLICA KW - SUBVENCIONES KW - EDUCACION PUBLICA N1 - Bibliografía: p. 31-34 N2 - This paper studies a growth model with public and private education alternatives. The impact of education vouchers on economic growth and the evolution of income inequality are considered. Results indicate that introducing education vouchers can increase economic growth. Households switching from public to private education experience higher incomes. This raises the tax base, in turn raising public education expenditures and growth of the whole economy. Vouchers are found to generally increase income inequality. Welfare comparisons show that voucher schemes may in some cases gain majority support, depending on assumptions and parameters. The results add a new dimension on which vouchers can be evaluated in the continuing policy debate UR - http://www.latrobe.edu.au/__data/assets/pdf_file/0010/130879/2001.06.pdf ER -