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_carcduce
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_a379.111
100 1 _94203
_aCardak, Buly A.
245 1 0 _aEducation vouchers, growth and income inequality /
_cBuly A. Cardak.
260 _aBundoora, Vic. :
_bLa Trobe University. School of Business,
_c2001
300 _a55 p.
490 1 _aDiscussion papers ;
_vno. A01.06
_x1441-3213
504 _aBibliografía: p. 31-34.
520 3 _aThis 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.
650 4 _94204
_aENSEÑANZA PRIVADA
650 4 _aMODELO DE SIMULACION
_9508
650 4 _93134
_aSUBSIDIOS
650 4 _93285
_aENSEÑANZA PUBLICA
653 4 _aSUBVENCIONES
653 4 _aEDUCACION PUBLICA
830 0 _94108
_aDiscussion papers (La Trobe University. School of Business)
_nSeries A
_vno. 01.06
856 4 _uhttp://www.latrobe.edu.au/__data/assets/pdf_file/0010/130879/2001.06.pdf
942 _2ddc
_cDOCU
_jF 379.111 C 19956
945 _aBEA
_c2012-11-19
999 _c23239
_d23239