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Policy Reforms and the Theory of Education Finance

Johnes, Geraint and Johnes, Jill (1994) Policy Reforms and the Theory of Education Finance. Journal of Economic Studies, 21 (1). pp. 3-15. ISSN 0144-3585

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Abstract

Discusses the current system of higher education funding in the UK, and proposals for its reform. Possible reforms include methods whereby the direct burden of paying for tuition is shifted from government and towards students, which raises the question of how much of the total burden should be shifted. To examine this issue, constructs a general equilibrium model which seeks to explain the determination of occupation‐specific wages and the allocation of work between three occupations: labouring, management and teaching. Derives comparative statics and assesses the impact of alternative finding arrangements for post‐compulsory education.

Item Type: Article
Subjects: L Education > LB Theory and practice of education > LB2300 Higher Education
Schools: The Business School
The Business School > Quantitative Analysis Research Group
Related URLs:
Depositing User: Elizabeth Boulton
Date Deposited: 23 Mar 2015 14:50
Last Modified: 03 Nov 2015 16:02
URI: http://eprints.hud.ac.uk/id/eprint/23861

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