Johnes, Jill and Johnes, Geraint (1994) Policy reforms and the theory of education finance. Journal of Economic Studies, 21 (1). pp. 3-15. ISSN 0144-3585Full text not available from this repository.
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.
|Journal or Publication Title:||Journal of Economic Studies|
|Uncontrolled Keywords:||Financing ; Grants ; Higher education ; Loans ; Students ; Subsidies ; United Kingdom ; Universities|
|Departments:||Lancaster University Management School > Economics|
|Deposited On:||16 Nov 2011 14:09|
|Last Modified:||26 Jul 2012 19:46|
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