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Full-Text Articles in Income Distribution
Private Returns And Social Equity In The Financing Of Higher Education, Gary S. Fields
Private Returns And Social Equity In The Financing Of Higher Education, Gary S. Fields
Gary S Fields
[Excerpt] A widespread phenomenon in developing countries has been the rapid growth of schools and institutions of higher learning resulting in a so-called ‘education explosion’. One possible explanation for the education explosion is that education is a profitable personal investment, as evidenced by high private rates of return. The high private returns are translated into demands on politicians for additional schooling spaces. To gain or maintain public favour, each politician uses his influence to try to increase the number of schools in his constituency. By this chain of events, growth of educational systems might be anticipated as long as private …
Examining The Relationship Between Received Remittances And Education In Malawi, Kasvi Malik
Examining The Relationship Between Received Remittances And Education In Malawi, Kasvi Malik
CMC Senior Theses
This thesis examines the relationship between received remittances and education using random samples from panel survey data from households in rural Malawi collected between 2008 and 2010. Past research as well as that conducted in this paper point to the fact that remittances and education share an important correlation. The results of this study indicate that on a microeconomic level, remittances have a highly significant and positive impact on household education. Other remittance-related factors such as the distance from agent, the remittance amount, and the type of account held by an individual also have a significant impact on the highest …