Arbeitspapier

Why Academic Quality in Higher Education Declines

We investigate the choice of quality, or academic content, in higher education in a two-sector model. Individuals are differentiated according to their cost of acquiring human capital. A higher academic quality increases productivity upon training, but is also associated with higher cost of acquiring skill. We consider both a differentiated university system in which quality is tailored to the individual need, and a uniform quality system being politically determined. The former yields a higher income dispersion. Average quality decreases under both systems when the skill premium increases. Moving from a single stage to a two-stage scheme reduces quality in the first stage and increases quality in the second stage. Increasing differentiation in higher education can decrease student effort and skill of medium ability types.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 5480

Klassifikation
Wirtschaft
Analysis of Education
Higher Education; Research Institutions
Education: Government Policy
Human Capital; Skills; Occupational Choice; Labor Productivity
Thema
higher education
enrollment
quality
higher education systems

Ereignis
Geistige Schöpfung
(wer)
Meier, Volker
Schiopu, Ioana Cosmina
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2015

Handle
Letzte Aktualisierung
20.09.2024, 08:21 MESZ

Objekttyp

  • Arbeitspapier

Beteiligte

  • Meier, Volker
  • Schiopu, Ioana Cosmina
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2015

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