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
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Series: CESifo Working Paper ; No. 5480
Analysis of Education
Higher Education; Research Institutions
Education: Government Policy
Human Capital; Skills; Occupational Choice; Labor Productivity
enrollment
quality
higher education systems
Schiopu, Ioana Cosmina
- 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