Price substitutes: the case of entrance to Greek universities

George Gerasimou

Applied Economics Letters, 2005, vol. 12, issue 12, 723-728

Abstract: This note provides evidence that the equilibrium between supply and demand in higher education in Greece is determined by what is argued to be the substitute for the non-existing market prices: the academic departments' entrance grades. This leads to the investigation of some implications of a policy change in Greek higher education.

Date: 2005
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DOI: 10.1080/13504850500191723

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