The Design Of Optimal Education Policies When Individuals Differ In Inheritedwealth And Ability

Publicado en

  • Revista ESPE - Ensayos Sobre Política Económica


  • In this paper I consider the role of education poli-cies in redistribution of income when individuals differ in two aspects: abiliTY and inherited wealth. I discuss the extent to which the rules that emerge in unidimensional settings apply also in the bidimen-sional setting considered in this paper. The main conclusion is that, subject to some qualifi cations, the same type of rules that determine optimal edu-cation policies when only abiliTY heterogeneiTY is considered apply to the case where both parameters of heterogeneiTY are considered. The qualifi cations pertain to the implementation of the optimal alloca-tion of resources to education and not the way the optimal allocations fi rst- and second-best differ.

fecha de publicación

  • 2007

Líneas de investigación

  • Education
  • Multidimensional Screening
  • Optimal Taxation
  • Public Provision

Página inicial

  • 84

Última página

  • 108


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