Post-compulsory education: Participation and politics

Dan Anderberg

European Journal of Political Economy, 2013, vol. 29, issue C, 134-150

Abstract: In a much-cited paper Fernandez and Rogerson (1995) suggest that public spending on higher education is politically sustained by middle- and high income groups voting for a policy which is positive but not generous enough to allow lower income families to overcome the financial constraints that prevent their participation. Using a quantitative model, calibrated to the UK economy, we find that current public spending on post compulsory education corresponds to a political equilibrium. Support for the equilibrium policy comes primarily from low- and middle income groups, indicating that the policy needn't be highly regressive. Credit constraints play a minor role.

Keywords: Post-compulsory education; Participation; Voting (search for similar items in EconPapers)
JEL-codes: H31 H52 I22 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:poleco:v:29:y:2013:i:c:p:134-150

DOI: 10.1016/j.ejpoleco.2012.10.006

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