The Political Economy of Education

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Publisher : MIT Press
ISBN 13 : 9780262262880
Total Pages : 192 pages
Book Rating : 4.2/5 (628 download)

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Book Synopsis The Political Economy of Education by : Mark Gradstein

Download or read book The Political Economy of Education written by Mark Gradstein and published by MIT Press. This book was released on 2004-10-22 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: A theoretical framework for analyzing the complex relationship of education, growth, and income distribution. The dominant role played by the state in the financing, regulation, and provision of primary and secondary education reflects the widely-held belief that education is necessary for personal and societal well-being. The economic organization of education depends on political as well as market mechanisms to resolve issues that arise because of contrasting views on such matters as income inequality, social mobility, and diversity. This book provides the theoretical framework necessary for understanding the political economy of education—the complex relationship of education, economic growth, and income distribution—and for formulating effective policies to improve the financing and provision of education. The relatively simple models developed illustrate the use of analytical tools for understanding central policy issues. After offering a historical overview of the development of public education and a review of current econometric evidence on education, growth, and income distribution, the authors lay the theoretical groundwork for the main body of analysis. First they develop a basic static model of how political decisions determine education spending; then they extend this model dynamically. Applying this framework to a comparison of education financing under different regimes, the authors explore fiscal decentralization; individual choice between public and private schooling, including the use of education vouchers to combine public financing of education with private provision; and the social dimension of education—its role in state-building, the traditional "melting pot" that promotes cohesion in a culturally diverse society.

Income Distribution and Public Education

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (874 download)

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Book Synopsis Income Distribution and Public Education by : Richard Rogerson

Download or read book Income Distribution and Public Education written by Richard Rogerson and published by . This book was released on 1994 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Many states have or are considering implementing school finance reforms aimed at lessening inequality in the provision of public education across communities. These reforms will tend to have complicated aggregate effects on income distribution, intergenerational income mobility, and welfare. In order to analyze the potential effects of such reforms, this paper constructs a dynamic general equilibrium model of public education provision, calibrates it using US data, and examines the quantitative effects of a major school finance reform. The policy reform examined is a change from a system of pure local finance to one in which all funding is done at the federal level and expenditures per student are equal across communities. We find that this policy increases average income and total spending on education as a fraction of income. Moreover, there are large welfare gains associated with this policy; steady-state welfare increases by 3.2% of steady-state income

The Political Economy of Public Spending on Education, Inequality, and Growth

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Author :
Publisher : World Bank Publications
ISBN 13 : 1205145559
Total Pages : 16 pages
Book Rating : 4.2/5 (51 download)

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Book Synopsis The Political Economy of Public Spending on Education, Inequality, and Growth by : Mark Gradstein

Download or read book The Political Economy of Public Spending on Education, Inequality, and Growth written by Mark Gradstein and published by World Bank Publications. This book was released on 2003 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public provision of education has often been perceived as universal and egalitarian, but in reality it is not. Political pressure typically results in incidence bias in favor of the rich. The author argues that the bias in political influence resulting from extreme income inequalities is particularly likely to generate an incidence bias, which we call social exclusion. This may then lead to a feedback mechanism whereby inequality in the incidence of public spending on education breeds higher income inequality, thus generating multiple equilibria: with social exclusion and high inequality; and with social inclusion and relatively low inequality. The author also shows that the latter equilibrium leads to higher long-run growth than the former. An extension of the basic model reveals that spillover effects among members of social groups differentiated by race or ethnicity may reinforce the support for social exclusion.

The Economics of Public Education

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Publisher :
ISBN 13 :
Total Pages : 440 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Economics of Public Education by : Charles Scott Benson

Download or read book The Economics of Public Education written by Charles Scott Benson and published by . This book was released on 1978 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Public Policy and the Income Distribution

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Author :
Publisher : Russell Sage Foundation
ISBN 13 : 9780871540461
Total Pages : 426 pages
Book Rating : 4.5/5 (44 download)

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Book Synopsis Public Policy and the Income Distribution by : Alan J. Auerbach

Download or read book Public Policy and the Income Distribution written by Alan J. Auerbach and published by Russell Sage Foundation. This book was released on 2006-01-23 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Public Policy and the Income Distribution tackles many of the most difficult and intriguing questions about how government intervention - or lack thereof - has affected the incomes of everyday Americans. The twentieth century was remarkable in the extent to which advances in public policy helped improve the economic well being of Americans. Synthesizing existing knowledge on the effectiveness of public policy and contributing valuable new research, Public Policy and the Income Distribution examines public policy's successes, and points out the areas in which progress remains to be made."--BOOK JACKET.

Income, Income Distribution, and Public Education Policies

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Publisher :
ISBN 13 :
Total Pages : 270 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Income, Income Distribution, and Public Education Policies by : Lei Zhang

Download or read book Income, Income Distribution, and Public Education Policies written by Lei Zhang and published by . This book was released on 2004 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Income Distribution and the Aggregation of Private Demands for Local Public Education

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Income Distribution and the Aggregation of Private Demands for Local Public Education by : Byron W. Brown

Download or read book Income Distribution and the Aggregation of Private Demands for Local Public Education written by Byron W. Brown and published by . This book was released on 1976 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Inequality and Higher Education

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Publisher : Russell Sage Foundation
ISBN 13 : 1610441567
Total Pages : 222 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis Economic Inequality and Higher Education by : Stacy Dickert-Conlin

Download or read book Economic Inequality and Higher Education written by Stacy Dickert-Conlin and published by Russell Sage Foundation. This book was released on 2007-06-21 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: The vast disparities in college attendance and graduation rates between students from different class backgrounds is a growing social concern. Economic Inequality and Higher Education investigates the connection between income inequality and unequal access to higher education, and proposes solutions that the state and federal governments and schools themselves can undertake to make college accessible to students from all backgrounds. Economic Inequality and Higher Education convenes experts from the fields of education, economics, and public policy to assess the barriers that prevent low-income students from completing college. For many students from disadvantaged socioeconomic backgrounds, the challenge isn't getting into college, but getting out with a degree. Helping this group will require improving the quality of education in the community colleges and lower-tier public universities they are most likely to attend. Documenting the extensive disjuncture between the content of state-mandated high school testing and college placement exams, Michael Kirst calls for greater alignment between K-12 and college education. Amanda Pallais and Sarah Turner examine barriers to access at elite universities for low-income students—including tuition costs, lack of information, and poor high school records—as well as recent initiatives to increase socioeconomic diversity at private and public universities. Top private universities have increased the level and transparency of financial aid, while elite public universities have focused on outreach, mentoring, and counseling, and both sets of reforms show signs of success. Ron Ehrenberg notes that financial aid policies in both public and private universities have recently shifted towards merit-based aid, away from the need-based aid that is most helpful to low-income students. Ehrenberg calls on government policy makers to create incentives for colleges to increase their representation of low-income students. Higher education is often vaunted as the primary engine of upward mobility. Instead, as inequality in America rises, colleges may be reproducing income disparities from one generation to the next. Economic Inequality and Higher Education illuminates this worrisome trend and suggests reforms that educational institutions and the government must implement to make the dream of a college degree a reality for all motivated students.

Education, Equality, and Income Redistribution

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Publisher :
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Education, Equality, and Income Redistribution by : Douglas M. Windham

Download or read book Education, Equality, and Income Redistribution written by Douglas M. Windham and published by . This book was released on 1970 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Education and Its Relation to Economic Growth, Poverty, and Income Distribution

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Publisher :
ISBN 13 :
Total Pages : 134 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Education and Its Relation to Economic Growth, Poverty, and Income Distribution by : Jandhyala B. G. Tilak

Download or read book Education and Its Relation to Economic Growth, Poverty, and Income Distribution written by Jandhyala B. G. Tilak and published by . This book was released on 1989 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents an extensive survey of empirical research evidence on the role of education in economic growth, poverty and income distribution. The author presents new analysis of more recent cross nation data on education and income distribution. The analysis uses lagged variables on education which reconfirms some of the well established theses on the role of education in improving income distribution. It also indicates that with significant improvements in educational levels, the threshold level of education to significantly contribute to income distribution could change from primary to secondary education. The author also questions some of the doubts expressed by critics in this context and reasserts that, on the whole, education is an important policy instrument that can be looked upon with hope towards improving inequities.

Whither Opportunity?

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Publisher : Russell Sage Foundation
ISBN 13 : 1610447514
Total Pages : 573 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis Whither Opportunity? by : Greg J. Duncan

Download or read book Whither Opportunity? written by Greg J. Duncan and published by Russell Sage Foundation. This book was released on 2011-09-01 with total page 573 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the incomes of affluent and poor families have diverged over the past three decades, so too has the educational performance of their children. But how exactly do the forces of rising inequality affect the educational attainment and life chances of low-income children? In Whither Opportunity? a distinguished team of economists, sociologists, and experts in social and education policy examines the corrosive effects of unequal family resources, disadvantaged neighborhoods, insecure labor markets, and worsening school conditions on K-12 education. This groundbreaking book illuminates the ways rising inequality is undermining one of the most important goals of public education—the ability of schools to provide children with an equal chance at academic and economic success. The most ambitious study of educational inequality to date, Whither Opportunity? analyzes how social and economic conditions surrounding schools affect school performance and children’s educational achievement. The book shows that from earliest childhood, parental investments in children’s learning affect reading, math, and other attainments later in life. Contributor Meredith Phillip finds that between birth and age six, wealthier children will have spent as many as 1,300 more hours than poor children on child enrichment activities such as music lessons, travel, and summer camp. Greg Duncan, George Farkas, and Katherine Magnuson demonstrate that a child from a poor family is two to four times as likely as a child from an affluent family to have classmates with low skills and behavior problems – attributes which have a negative effect on the learning of their fellow students. As a result of such disparities, contributor Sean Reardon finds that the gap between rich and poor children’s math and reading achievement scores is now much larger than it was fifty years ago. And such income-based gaps persist across the school years, as Martha Bailey and Sue Dynarski document in their chapter on the growing income-based gap in college completion. Whither Opportunity? also reveals the profound impact of environmental factors on children’s educational progress and schools’ functioning. Elizabeth Ananat, Anna Gassman-Pines, and Christina Gibson-Davis show that local job losses such as those caused by plant closings can lower the test scores of students with low socioeconomic status, even students whose parents have not lost their jobs. They find that community-wide stress is most likely the culprit. Analyzing the math achievement of elementary school children, Stephen Raudenbush, Marshall Jean, and Emily Art find that students learn less if they attend schools with high student turnover during the school year – a common occurrence in poor schools. And David Kirk and Robert Sampson show that teacher commitment, parental involvement, and student achievement in schools in high-crime neighborhoods all tend to be low. For generations of Americans, public education provided the springboard to upward mobility. This pioneering volume casts a stark light on the ways rising inequality may now be compromising schools’ functioning, and with it the promise of equal opportunity in America.

The Effects of State Public K-12 Education Expenditures On Income Distribution. NEA Research Working Paper

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Publisher :
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4.:/5 (16 download)

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Book Synopsis The Effects of State Public K-12 Education Expenditures On Income Distribution. NEA Research Working Paper by : Todd Behr

Download or read book The Effects of State Public K-12 Education Expenditures On Income Distribution. NEA Research Working Paper written by Todd Behr and published by . This book was released on 2004 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: The effects of education on people's income are well documented in the economics literature, and the benefits of investing in human capital--in terms of both higher earnings and of other economic and social benefits--are popular research topics for economists and other social scientists. The present study explores the effects of public education expenditures on the distribution of income among people living in the 50 states and the District of Columbia. The study's basic premise is that, since a state's income level depends on its residents' educational level then the income distribution within each state is dependent on the distribution of educational levels among its residents. There are, of course, other factors contributing to income level dispersion within a state, and these variables' effects are also considered. This reports chapters are: (1) Income and Poverty Trends and Distribution; (2) Methodology; (3) Empirical Results; and (4) Conclusions. There are two appendixes of summary and supporting tables and a bibliography that combines both referenced and non-referenced citations. The Trends and Distribution chapter discusses income distributions across the fifty states and the District of Columbia and compares other statistical characteristics, such as differences in public education spending. National trends in income equality from 1970 to 2000 are discussed, as well as trends in other state socioeconomic variables. (Contains 3 figures and 15 tables.).

Restoring Opportunity

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Publisher : Harvard Education Press
ISBN 13 : 1612506364
Total Pages : 233 pages
Book Rating : 4.6/5 (125 download)

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Book Synopsis Restoring Opportunity by : Greg J. Duncan

Download or read book Restoring Opportunity written by Greg J. Duncan and published by Harvard Education Press. This book was released on 2014-01-01 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this landmark volume, Greg J. Duncan and Richard J. Murnane lay out a meticulously researched case showing how—in a time of spiraling inequality—strategically targeted interventions and supports can help schools significantly improve the life chances of low-income children. The authors offer a brilliant synthesis of recent research on inequality and its effects on families, children, and schools. They describe the interplay of social and economic factors that has made it increasingly hard for schools to counteract the effects of inequality and that has created a widening wedge between low- and high-income students. Restoring Opportunity provides detailed portraits of proven initiatives that are transforming the lives of low-income children from prekindergarten through high school. All of these programs are research-tested and have demonstrated sustained effectiveness over time and at significant scale. Together, they offer a powerful vision of what good instruction in effective schools can look like. The authors conclude by outlining the elements of a new agenda for education reform. Restoring Opportunity is a crowning contribution from these two leading economists in the field of education and a passionate call to action on behalf of the young people on whom our nation’s future depends. Copublished with the Russell Sage Foundation

Income Distribution, Communities and the Quality of Public Education

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (27 download)

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Book Synopsis Income Distribution, Communities and the Quality of Public Education by : Raquel Fernandez (Ph.D.)

Download or read book Income Distribution, Communities and the Quality of Public Education written by Raquel Fernandez (Ph.D.) and published by . This book was released on 1992 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes within the context of a multicommunity model the effects of several policies that affect the financing of public education. The key features of the model are: (I) individuals differ with respect to income, (ii) individuals choose in which community to reside, (iii) communities are characterized by a proportional tax on income and a quality of public education, and (iv) a community's tax rate is chosen by majority vote. We examine three types of policies: subsidies for residency of specific income groups in particular communities, ceilings or floors on community level educational spending, and income redistribution. In each case we examine the consequences of these policies for both welfare and the quality of education across communities. We identify several policies which make all individuals better off and increase the quality of education in all communities

Education, Income Distribution, and Growth

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Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Education, Income Distribution, and Growth by : Roland Benabou

Download or read book Education, Income Distribution, and Growth written by Roland Benabou and published by . This book was released on 1994 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a simple model of human capital accumulation and community formation by heterogeneous families, which provides an integrated framework for analyzing the local determinants of inequality and growth. Five main conclusions emerge. First, minor differences in education technologies, preferences, or wealth can lead to a high degree of stratification. Imperfect capital markets are not necessary, but will compound these other sources. Second, stratification makes inequality in education and income more persistent across generations. Whether or not the same is true of inequality in total wealth depends on the ability of the rich to appropriate the rents created by their secession. Third, the polarization of urban areas resulting from individual residential decisions can be quite inefficient, both from the point of view of aggregate growth and in the Pareto sense, especially in the long run. Fourth, when state-wide equalization of school expenditures is insufficient to reduce stratification, it may improve educational achievement in poor communities much less than it lowers it in richer communities; thus average academic performance and income growth both fall. Yet it may still be possible for education policy to improve both equity and efficiency. Fifth, because of the cumulative nature of the stratification process, it is likely to be much harder to reverse once it has run its course than to arrest it at an early stage.

The Distributional Bias of Public Education

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Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781451875027
Total Pages : 28 pages
Book Rating : 4.8/5 (75 download)

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Book Synopsis The Distributional Bias of Public Education by : Mr.Mark Gradstein

Download or read book The Distributional Bias of Public Education written by Mr.Mark Gradstein and published by INTERNATIONAL MONETARY FUND. This book was released on 2004-11-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: While public education is often intended to be progressive in its effects on income distribution, in reality its incidence is often skewed toward the rich. This paper argues that the extent of this bias is directly related to institutional weaknesses in governance. We present a simple dynamic model where weak governing institutions allow the rich to be more effective in appropriating a larger share of public education spending thereby preventing inequality reduction. The empirical part provides tentative support for this view, showing that the progressiveness of public education spending is related to the strength of governance.

Education and Income Distribution in Asia

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1000648699
Total Pages : 193 pages
Book Rating : 4.0/5 (6 download)

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Book Synopsis Education and Income Distribution in Asia by : P. Richards

Download or read book Education and Income Distribution in Asia written by P. Richards and published by Taylor & Francis. This book was released on 2022-08-30 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1981, Education and Income Distribution in Asia looks in detail at a number of aspects of the relation between education, employment, and income. Education is now the major programme of expenditure of governments in Asian countries. This book brings case studies from Philippines, India, Sri Lanka, and Thailand to discuss themes like equality in education; schooling, earnings, and occupation; educational expansion and the labour market; determinants of educational achievement; school enrolment in India, Sri Lanka, and Thailand; and educational innovations and inequality. This book is a must read for scholars and researchers of education, public policy, and economics.