THE EcoNOMICS OF HIGHER EDUCATION

John Creedy

in Books from Edward Elgar Publishing

Abstract: In The Economics of Higher Education, John Creedy explores the economic foundations of the debate and focuses attention on the process of government decision-making including the precise way that these decisions are affected by the possible external effects of higher education. This book addresses the key issues in the debate using a fully specified model which allows for dispersion of abilities, the individual’s decision to invest in higher education and the government’s choice of higher education grant, along with the government’s budget constraint. This model is also used to consider the effects of alternative tax and grant systems on the distribution of lifetime income within a cohort of individuals, and is extended to allow for the general equilibrium effects of other social transfers to the low paid, along with means testing of grants.

Keywords: Economics and Finance (search for similar items in EconPapers)
JEL-codes: H0 (search for similar items in EconPapers)
Date: 1995
ISBN: 9781852789350
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