The Experts below are selected from a list of 327 Experts worldwide ranked by ideXlab platform
Marius R Busemeyer - One of the best experts on this subject based on the ideXlab platform.
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social democrats and the new partisan politics of public investment in Education
Journal of European Public Policy, 2009Co-Authors: Marius R BusemeyerAbstract:This paper studies the impact on public Education spending of social democratic participation in government. By means of a pooled time-series analysis of spending in OECD democracies, it is shown that social democrats have increased public spending primarily on higher Education. This finding is at odds with simple class-based models of partisan preferences (Boix) that predict a preference for non-tertiary Education. As an alternative, the notion of a "new politics of public investment in Education" (Iversen) is presented. From this perspective, political parties are not merely transmission belts for the economic interests of social classes, but use policies and spending strategically to attract and consolidate voter groups. By increasing public investment in tertiary Education, social democrats cater to their core electoral constituencies (for example, by expanding enrollment) and, at the same time, new middle class constituencies to escape electoral dilemmas and re-forge the cross-class alliance with the middle class.
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social democrats and the new partisan politics of public investment in Education
Journal of European Public Policy, 2009Co-Authors: Marius R BusemeyerAbstract:This paper studies the impact on public Education spending of social democratic participation in government. By means of a pooled time-series analysis of spending in OECD democracies, it is shown that social democrats have increased public spending primarily on higher Education. This finding is at odds with simple class-based models of partisan preferences (Boix) that predict a preference for non-tertiary Education. As an alternative, the notion of a ‘new politics of public investment in Education’ (Iversen) is presented. From this perspective, political parties are not merely transmission belts for the economic interests of social classes, but use policies and spending strategically to attract and consolidate voter groups. By increasing public investment in tertiary Education, social democrats cater to their core electoral constituencies (for example, by expanding enrolment) and, at the same time, new middle-class constituencies to escape electoral dilemmas and reforge the cross-class alliance with the m...
Yuan Lian-shen - One of the best experts on this subject based on the ideXlab platform.
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An international Comparative Study on the Public Ratio of investment in Education
Comparative Education Review, 2007Co-Authors: Yuan Lian-shenAbstract:Based on cross section economic and Educational data from all over the world,we explore the factors having impacts on the public ratio of investment in Education and predict the public ratio of investment in Education in China.Conclusions include:(1)the public ratio of investment in Education has stronger relationship with economic indicators than Educational indicators;(2)the context in middle-income countries should be the highest priority when making international comparison;and(3)the public ratio of investment in Education in China will be close to 3.7% in 2010,and reach 4.5% in 2020.
George Psacharopoulos - One of the best experts on this subject based on the ideXlab platform.
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Private and Social Returns to investment in Education: the Case of Turkey with Alternative Methods
Applied Economics, 2020Co-Authors: Harry Anthony Patrinos, George Psacharopoulos, Aysit TanselAbstract:This paper estimates private and social returns to investment in Education in Turkey, using the 2017 Household Labour Force Survey (latest available at the time of writing) and alternative methodol...
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Returns to investment in Education : The Case of Turkey
SSRN Electronic Journal, 2019Co-Authors: Harry Anthony Patrinos, George Psacharopoulos, Aysit TanselAbstract:This paper estimates private and social returns to investment in Education in Turkey, using the 2017 Household Labor Force Survey and alternative methodologies. The analysis uses the 1997 Education reform of increasing compulsory Education by three years as an instrument. This results in a private rate of return on the order of 16 percent for higher Education and a social return of 10 percent. Using the number of children younger than age 15 in the household as an exclusion restriction, the analysis finds that returns to Education for females are higher than those for males. Contrary to many findings in other countries, private returns to those working in the public sector are higher than those in the private sector, and private returns to those who followed the vocational track in secondary Education are higher than those in the general academic track. The paper discusses the policy implications of the findings.
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GLOBALISATION AND GOVERNANCE: Returns to investment in Education: The Case of Turkey
2019Co-Authors: Harry Anthony Patrinos, George Psacharopoulos, Aysit TanselAbstract:This paper estimates private and social returns to investment in Education in Turkey, using the 2017 Household Labor Force Survey and alternative methodologies. The analysis uses the 1997 Education reform of increasing compulsory Education by three years as an instrument. This results in a private rate of return on the order of 16 percent for higher Education and a social return of 10 percent. Using the number of children younger than age 15 in the household as an exclusion restriction, the analysis finds that returns to Education for females are higher than those for males. Contrary to many findings in other countries, private returns to those working in the public sector are higher than those in the private sector, and private returns to those who followed the vocational track in secondary Education are higher than those in the general academic track. The paper discusses the policy implications of the findings.
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returns to investment in Education a decennial review of the global literature
2018Co-Authors: George Psacharopoulos, Harry Anthony PatrinosAbstract:Returns to investment in Education based on human capital theory have been estimated systematically since the 1950s. in the 60-plus year history of such estimates, there have been several compilations in the literature. This paper reviews and highlights the latest trends and patterns based on a database of 1,120 estimates in 139 countries. The review shows that the private average global rate of return to one extra year of schooling is about 9 percent a year and very stable over decades. Private returns to higher Education have increased over time, raising issues of financing and equity. Social returns to schooling remain high, above 10 percent at the secondary and higher Education levels. Women continue to experience higher average rates of return to schooling, showing that girls'Education remains a priority. Returns are higher in low-income countries. Those employed in the private sector of the economy enjoy higher returns than those in the public sector, lending support to the productive value of Education.
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the value of investment in Education theory evidence and policy
Journal of Education Finance, 2006Co-Authors: George PsacharopoulosAbstract:This article presents a broad overview of human capital theory and presents highlights of the most recent evidence on the private and social returns to Education. A distinction is made between the narrow social returns, as traditionally estimated in the economics of Education literature, and the wide social returns that include externalities. The distributive implications of particular Education finance policies are discussed. It is concluded that the Education finance policies most conducive to social welfare are those that give priority to investment in the lower levels of Education, including preschool, and the acquisition of general, rather than occupation-specific, skills.
Tatsuya Omori - One of the best experts on this subject based on the ideXlab platform.
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Effects of public Education and social security on fertility
Journal of Population Economics, 2009Co-Authors: Tatsuya OmoriAbstract:introducing a fertility decision and child care cost into an overlapping generations model with public Education and social security, we examine the effects of these public policies on fertility. We show that an increase in income tax, which finances social security benefits and public investment in Education, increases fertility. On the other hand, with a constant tax rate, a change in the allocation from social security benefits to public investment in Education decreases fertility and, with a constant social security tax, the effect of Education tax on fertility is neutral.
Erik Wachtenheim - One of the best experts on this subject based on the ideXlab platform.
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investment in Education do economic volatility and credit constraints matter
Journal of Development Economics, 1998Co-Authors: Karnit Flug, Antonio Spilimbergo, Erik WachtenheimAbstract:Abstract Recent research has focused on the effects of economic volatility on the investment in physical capital; this paper shows that economic volatility and the lack of financial markets have a negative effect also on the accumulation of human capital. Our evidence, drawn from cross-country and panel regressions is that average secondary enrollment in the period 1970–1972 is negatively affected by: the lack of financial markets, income or employment volatility, and income inequality. Our results are robust to: different specifications of volatility, the inclusion of public expenditure in Education, country specific effects, and different sets of regressors.
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investment in Education do economic volatility and credit constraints matter
Research Department Publications, 1996Co-Authors: Karnit Flug, Antonio Spilimbergo, Erik WachtenheimAbstract:The focus of this paper is the link between income volatility and the accumulation of human capital in the presence of credit constraints. Also, the effect of income inequality on the accumulation of human capital within the same framework is studied.
