Estimation of Drivers of Public Education Expenditure : Baumol's Effect Revisited /

This paper analyzes drivers of rising per-pupil public education spending, including Baumol's 'cost disease' effect. Higher wages paid to teachers contributed significantly to the increase in per-pupil spending over the past decades. Empirical analyses using a large dataset of advance...

Полное описание

Библиографические подробности
Главный автор: Nose, Manabu
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2015.
Серии:IMF Working Papers; Working Paper ; No. 2015/178
Online-ссылка:Full text available on IMF

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