Student loans and the allocation of graduate jobs
Alessandro Cigno and
Annalisa Luporini ()
Working Papers - Economics from Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa
Abstract:
In an economy where graduate jobs are allocated by tournament, and some of the potential participants cannot borrow against their expected future earnings, the government can increase efficiency and ex ante equity by redistributing wealth or, if that is not possible, by borrowing wholesale and lending to potential participants. Both policies replace some of the less able rich with some of the more able poor and bring education investments closer to their first-best levels.
Keywords: higher education; matching tournaments; credit. (search for similar items in EconPapers)
JEL-codes: C78 D82 H42 I22 J24 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2013
New Economics Papers: this item is included in nep-edu, nep-gth and nep-lab
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.disei.unifi.it/upload/sub/pubblicazioni/repec/pdf/wp15_2013.pdf (application/pdf)
Related works:
Journal Article: Student loans and the allocation of graduate jobs (2019) 
Journal Article: Student loans and the allocation of graduate jobs (2019) 
Working Paper: Student Loans and the Allocation of Graduate Jobs (2015) 
Working Paper: Student loans and the allocation of graduate jobs (2013) 
Working Paper: Student Loans and the Allocation of Graduate Jobs (2013) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:frz:wpaper:wp2013_15.rdf
Access Statistics for this paper
More papers in Working Papers - Economics from Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa Via delle Pandette 9 50127 - Firenze - Italy. Contact information at EDIRC.
Bibliographic data for series maintained by Giorgio Ricchiuti ().