The design of optimal education policies when individuals differ in inherited wealth and ability
In this paper I consider the role of education poli-cies in redistribution of income when individuals differ in two aspects: ability and inherited wealth. I discuss the extent to which the rules that emerge in unidimensional settings apply also in the bidimen-sional setting considered in this paper....
- Autores:
- Tipo de recurso:
- Fecha de publicación:
- 2007
- Institución:
- Universidad del Rosario
- Repositorio:
- Repositorio EdocUR - U. Rosario
- Idioma:
- spa
- OAI Identifier:
- oai:repository.urosario.edu.co:10336/10904
- Acceso en línea:
- https://doi.org/10.48713/10336_10904
http://repository.urosario.edu.co/handle/10336/10904
- Palabra clave:
- Reglamentación, control, apoyo gubernamentales
optimal taxation
education
public provision
multidimensional screening
Política educativa
Educación
Distribución de la riqueza
Tributación económica
- Rights
- License
- http://purl.org/coar/access_right/c_abf2
Summary: | In this paper I consider the role of education poli-cies in redistribution of income when individuals differ in two aspects: ability and inherited wealth. I discuss the extent to which the rules that emerge in unidimensional settings apply also in the bidimen-sional setting considered in this paper. The main conclusion is that, subject to some qualifi cations, the same type of rules that determine optimal education policies when only ability heterogeneity is considered apply to the case where both parameters of heterogeneity are considered. The qualifi cations pertain to the implementation of the optimal alloca-tion of resources to education and not the way the optimal allocations fi rst- and second-best differ. |
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