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Risk, Resources, and Education-Public Versus Private Financing of Higher Education

Risk, Resources, and Education-Public Versus Private Financing of Higher Education »

Volume/Issue: 1999/174

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1999

DOI: http://dx.doi.org/10.5089/9781451858679.001

ISBN: 9781451858679

Keywords: Public education, tuition fees, choice under uncertainty, educational investments, higher education, education financing, educational investment

This paper develops a public education scheme that takes uncertainty aspects of private educational investments explicitly into account. In the author’s framework, the social merits of public education schem...

Wage Dispersion in the 1980's
			: Resurrecting the Role of Trade Through the Effects of Durable Employment Changes

Wage Dispersion in the 1980's : Resurrecting the Role of Trade Through the Effects of Durable Employment Changes »

Volume/Issue: 1995/88

Series: IMF Working Papers

Author(s): Elaine Buckberg , and Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1995

DOI: http://dx.doi.org/10.5089/9781451851106.001

ISBN: 9781451851106

Keywords: wage, college, college graduate

This paper finds that changes in durable manufacturing employment and investment in computer equipment can explain rising wage dispersion in the United States, measured in terms of the education premium. Reduced em...