Tuition Subsidies in a Model of Economic Growth /

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,...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Gerson, Philip
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1994.
Cyfres:IMF Working Papers; Working Paper ; No. 1994/100
Mynediad Ar-lein:Full text available on IMF