FLORE (FLOrence REsearch) è il repository istituzionale ad accesso pieno e aperto dell'Università degli Studi di Firenze.
Raccoglie, documenta e conserva le informazioni sulla produzione scientifica dell'Università e costituisce l'Anagrafe della ricerca dell'Ateneo.
EnglishAn income-contingent loan scheme can at best replicate the allocation brought about by a scholarship scheme financed by a graduate tax, and only on condition that there is nothing to stop the policy maker from using tuition fees as if they were taxes. If that is not possible, even the best loan scheme will exclude some well-qualified school leaver from university. Even if individual study effort is observable, but more so if it is not, it is not socially desirable that all students should specialize in the subjects that promise the highest graduate earnings.
| Titolo: | Scholarships or student loans? Subsidizing higher education in the presence of moral hazard |
| Autori di Ateneo: | |
| Autori: | CIGNO, ALESSANDRO; LUPORINI FLORENCE, ANNALISA |
| Data di pubblicazione: | 2009 |
| Rivista: | |
| Volume: | 11 |
| Pagina iniziale: | 55 |
| Pagina finale: | 87 |
| Abstract: | An income-contingent loan scheme can at best replicate the allocation brought about by a scholarship scheme financed by a graduate tax, and only on condition that there is nothing to stop the policy maker from using tuition fees as if they were taxes. If that is not possible, even the best loan scheme will exclude some well-qualified school leaver from university. Even if individual study effort is observable, but more so if it is not, it is not socially desirable that all students should specialize in the subjects that promise the highest graduate earnings. |
| Handle: | http://hdl.handle.net/2158/345168 |
| Appare nelle tipologie: | 1a - Articolo su rivista |
File in questo prodotto:
| File | Descrizione | Tipologia | Licenza | |
|---|---|---|---|---|
| Scholarships_JPET.pdf | Versione finale referata | DRM non definito | Administrator |
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