Abstract:
The analysis of the optimal funding of education is complicated by the numerous and serious market failures which are likely to characterize a free market for education. Prominent amongst these are the likely external benefits of education, stressed by some new economic growth models.
Keywords:EDUCATION; EDUCATIONAL COSTS (search for similar items in EconPapers) JEL-codes:I21I22 (search for similar items in EconPapers) Date: 1997
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More papers in Research Paper from World Institute for Development Economics Research Address: United Nations University; World Institute for Development Economics Research, Katajanokanlaituri 6B, 00160 Helsinki Contact information at EDIRC. Series data maintained by Thomas Krichel ().
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