Private Investments in Higher Education: Comparing Alternative Funding Schemes

Itzhak Zilcha and Bernhard Eckwert

No 275701, Foerder Institute for Economic Research Working Papers from Tel-Aviv University > Foerder Institute for Economic Research

Abstract: We consider an OLG economy with endogenous human capital formation. Young individuals make decision about their investment in higher education only after they obtain some signal, correlated to their ability. We examine three different funding regimes, each requires governmental intervention but not funding, available to students if they choose to invest in higher education. The economic implications of such funding schemes in equilibrium are studies, in particular the effects on accumulation of human capital and income inequality.

Keywords: Financial Economics; Labor and Human Capital (search for similar items in EconPapers)
Pages: 39
Date: 2006-07
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Related works:
Journal Article: Private Investment in Higher Education: Comparing Alternative Funding Schemes (2012)
Working Paper: Private Investment in Higher Education: Comparing Alternative Funding Schemes (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:isfiwp:275701

DOI: 10.22004/ag.econ.275701

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