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,...
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
1994.
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| Collection: | IMF Working Papers; Working Paper ;
No. 1994/100 |
| Accès en ligne: | Full text available on IMF |