User Fees, Expenditure Restructuring and Voucher Systems in Education

Simon Appleton

Research Paper from World Institute for Development Economics Research

Abstract: The analysis of the optimal funding of education is complicated by the numerous and serious market failures which are likely to characterize a free market for education. Prominent amongst these are the likely external benefits of education, stressed by some new economic growth models.

Keywords: EDUCATION; EDUCATIONAL COSTS (search for similar items in EconPapers)
JEL-codes: I21 I22 (search for similar items in EconPapers)
Pages: 48 pages
Date: 1997
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