| JaLCDOI | 10.18926/OER/41492 |
|---|---|
| FullText URL | oer_031_2_001_024.pdf |
| Author | Furumatsu, Noriko| |
| Abstract | We consider public education provided obligatorily and equally for all individuals. It is usually said that compulsory public education ensures an equal opportunity of education for all individuals and contributes to human capital formation. We will discuss how the introduction of public education affects human capital accumulation and income distribution among heterogeneous individuals in an overlapping generation model. Particularly, we discuss those effects on the long-run equilibrium of individual human capital, considering the threshold effects of human capital stock. |
| Publication Title | 岡山大学経済学会雑誌 |
| Published Date | 1999-09-10 |
| Volume | volume31 |
| Issue | issue2 |
| Start Page | 1 |
| End Page | 24 |
| ISSN | 0386-3069 |
| language | English |
| File Version | publisher |
| NAID | 110000130011 |
| JaLCDOI | 10.18926/OER/41468 |
|---|---|
| FullText URL | oer_032_2_099_113.pdf |
| Author | Furumatsu, Noriko| |
| Abstract | In this paper, we construct a model which explains a change in demand for education, considering an individual preference for the higher education (university). We suppose that the individual preference for education depends on the average level of education in a society and changes drastically at some level. We consider a possibility that diffusion of education brings about discontinuous increase in demand for education, and examine the optimal educational policies in dynamic setting. |
| Publication Title | 岡山大学経済学会雑誌 |
| Published Date | 2000-09-10 |
| Volume | volume32 |
| Issue | issue2 |
| Start Page | 99 |
| End Page | 113 |
| ISSN | 0386-3069 |
| language | English |
| File Version | publisher |
| NAID | 110000130064 |
| JaLCDOI | 10.18926/OER/40540 |
|---|---|
| FullText URL | oer_036_4_127_138.pdf |
| Author | Furumatsu, Noriko| Shirai, Masatoshi| |
| Abstract | We consider a society which consists of two sectors, the educational sector and the production sector. We define the educational sector as one that produces two outputs jointly, higher education forming human capital and research increasing the stock of social knowledge. Social knowledge determines the level of technology in the production of consumption goods. Our purposes are to clarify the nature of higher education and to analyze efficient resource allocation in a two−sector economy, considering the external effects of education and research activities in the context of an endogenous growth model. |
| Publication Title | 岡山大学経済学会雑誌 |
| Published Date | 2005-03-10 |
| Volume | volume36 |
| Issue | issue4 |
| Start Page | 127 |
| End Page | 138 |
| ISSN | 0386-3069 |
| Related Url | http://www.e.okayama-u.ac.jp/gakkai/ |
| language | English |
| File Version | publisher |
| NAID | 120002576161 |
