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- W85222481 abstract "Contrary to a standard theoretical approach, evidence suggests that low income inequality, and high public school funding are not systematically as- sociated with high level of social mobility. The seminal paper of Checchi and al. (1999) oers an explanation to the puzzling situation some coun- tries experiment in this regard. They emphasize the role of incentives in the human capital accumulation process in private versus public school fund- ing. This paper proposes an extension of this model to account for mixed school regime. Two main …ndings result from numerical computations of the model. (1) More decentralized …nancing of school spending results in higher incentives for households to invest privately in their children's edu- cation. Consequently, the more decentralized schooling system, the higher social mobility and income inequality. (2) For a given school regime, higher level of intergenerational mobility translates into a lower level of income inequality because it strengthens households'demand for public spending in education. These two forces may explain why empirical evidence fails to detect the existence of a simple relation between public education, social mobility, and income inequality." @default.
- W85222481 created "2016-06-24" @default.
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- W85222481 date "2007-01-01" @default.
- W85222481 modified "2023-09-30" @default.
- W85222481 title "Schooling regimes, and the inequality-mobility mismatch" @default.
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