タイトル(掲載誌)Discussion Papers In Economics And Business
一般注記* Revised: Markov Perfect Political Equilibria with Public Policy: The Role of Education Cost [07-31, 2007]
This paper focuses on how education costs affect the political determinationof redistribution policy via individual decision-making on education. For cases ofhigh costs, there are multiple equilibria: the high-tax equilibrium featured by theminority of highly educated individuals and a large size of the government, and thelow-tax equilibrium featured by the majority of highly educated individuals and asmall size of the government. For cases of low costs, there is a unique equilibriumfeatured by the majority of highly educated individuals and a large size of thegovernment.
連携機関・データベース国立情報学研究所 : 学術機関リポジトリデータベース(IRDB)(機関リポジトリ)