Educational and Wage Risk : Social Insurance Versus Quality of Education

Schindler, Dirk; Weigert, Benjamin

Educational and Wage Risk : Social Insurance Versus Quality of Education

Dateien

Schindler_9_2.pdfGröße: 322.02 KBDownloads: 281

Datum

2008

Autor:innen

Schindler, Dirk

Weigert, Benjamin

URI (zitierfähiger Link)

http://nbn-resolving.de/urn:nbn:de:bsz:352-opus-88817

Link zur Lizenz

Attribution-ShareAlike 2.0 Generic

Open Access-Veröffentlichung

Open Access Green

Sammlungen

Wirtschaftswissenschaften

Publikationstyp

Working Paper/Technical Report

Publikationsstatus

Published

Zusammenfassung

In this model of education, where individuals are exposed both to educational risk and to wage risk within the skilled sector, successful graduation depends both on individual effort to study and on public resources. We show that insuring the present risks is a dichotomic task: Wage risk is diversified ex post among the skilled by graduate taxation and skill-specific tuition fees. Educational risk of failure and inequality between skilled and unskilled workers are mitigated ex ante by enhancing the quality of education. The necessary expenditures are optimally financed by regressive tuition fees and the net revenue from the graduate tax.

Fachgebiet (DDC)

330 Wirtschaft

Schlagwörter

human capital investment, educational risk, wage risk, learning effort, graduate taxation, regressive tuition fees

Zitieren

ISO 690

SCHINDLER, Dirk, Benjamin WEIGERT, 2008. Educational and Wage Risk : Social Insurance Versus Quality of Education

BibTex

@techreport{Schindler2008Educa-12085,
  year={2008},
  title={Educational and Wage Risk : Social Insurance Versus Quality of Education},
  author={Schindler, Dirk and Weigert, Benjamin},
  note={CESifo Working Paper, No. 2513, 2008}
}

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Kommentar zur Publikation

CESifo Working Paper, No. 2513, 2008

Universitätsbibliographie

Ja