The Economics of Screening and Risk Sharing in Higher Education

The Economics of Screening and Risk Sharing in Higher Education PDF Author: Bernhard Eckwert
Publisher: Academic Press
ISBN: 0128031913
Category : Business & Economics
Languages : en
Pages : 190

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Book Description
The Economics of Screening and Risk Sharing in Higher Education explores advances in information technologies and in statistical and social sciences that have significantly improved the reliability of techniques for screening large populations. These advances are important for higher education worldwide because they affect many of the mechanisms commonly used for rationing the available supply of educational services. Using a single framework to study several independent questions, the authors provide a comprehensive theory in an empirically-driven field. Their answers to questions about funding structures for investments in higher education, students' attitudes towards risk, and the availability of arrangements for sharing individual talent risks are important for understanding the theoretical underpinnings of information and uncertainty on human capital formation. - Investigates conditions under which better screening leads to desirable outcomes such as higher human capital accumulation, less income inequality, and higher economic well-being. - Questions how the role of screening relates to the funding structure for investments in higher education and to the availability of risk sharing arrangements for individual talent risks. - Reveals government policies that are suited for controlling or counteracting detrimental side effects along the growth path.

The Economics of Screening and Risk Sharing in Higher Education

The Economics of Screening and Risk Sharing in Higher Education PDF Author: Bernhard Eckwert
Publisher: Academic Press
ISBN: 0128031913
Category : Business & Economics
Languages : en
Pages : 190

Get Book Here

Book Description
The Economics of Screening and Risk Sharing in Higher Education explores advances in information technologies and in statistical and social sciences that have significantly improved the reliability of techniques for screening large populations. These advances are important for higher education worldwide because they affect many of the mechanisms commonly used for rationing the available supply of educational services. Using a single framework to study several independent questions, the authors provide a comprehensive theory in an empirically-driven field. Their answers to questions about funding structures for investments in higher education, students' attitudes towards risk, and the availability of arrangements for sharing individual talent risks are important for understanding the theoretical underpinnings of information and uncertainty on human capital formation. - Investigates conditions under which better screening leads to desirable outcomes such as higher human capital accumulation, less income inequality, and higher economic well-being. - Questions how the role of screening relates to the funding structure for investments in higher education and to the availability of risk sharing arrangements for individual talent risks. - Reveals government policies that are suited for controlling or counteracting detrimental side effects along the growth path.

Economics of the Welfare State

Economics of the Welfare State PDF Author: N. A. Barr
Publisher: Oxford University Press, USA
ISBN: 0199297819
Category : Business & Economics
Languages : en
Pages : 411

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Book Description
The fifth edition of this successful textbook discusses the different parts of the welfare system and, in particular, cash benefits, the health service, and education. The text is organized into four parts: Concepts, Cash benefits, Benefits in kind, and Epilogue.

Globalisation and Tertiary Education in the Asia-Pacific

Globalisation and Tertiary Education in the Asia-Pacific PDF Author: Christopher Charles Findlay
Publisher: World Scientific
ISBN: 9814299030
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
The rapid development and adoption of technology along with open economies has created an integrated global economy. The globalisation process has brought with it significant changes in all areas of life, including tertiary education. This book outlines the features of the new wave of globalisation and draws out specific trends and challenges associated with this new wave for universities and policy makers.

The Planning Game

The Planning Game PDF Author: Alex Lord
Publisher: Routledge
ISBN: 0415599059
Category : Architecture
Languages : en
Pages : 210

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Book Description
The sharing of information and knowledge is essential in the processes and negotiations involved in planning. In this book, Alex Lord sets out a new way of looking at the transfer of information and the cooperation of groups in planning by exploring the strand of economics known as information economics, including game theory. He starts by discussing theories of information economics, then moves into actual accounts of bargaining in planning practice.

Selected Works of Joseph E. Stiglitz

Selected Works of Joseph E. Stiglitz PDF Author: Joseph E. Stiglitz
Publisher: OUP Oxford
ISBN: 019155992X
Category : Business & Economics
Languages : en
Pages : 767

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Book Description
This is the first volume in a new, definitive, six-volume edition of the works of Joseph Stiglitz, one of today's most distinguished and controversial economists. Stiglitz was awarded the Nobel Prize in Economics in 2001 for his work on asymmetric information and is widely acknowledged as one of the pioneers in the field of modern information economics and more generally for his contributions to microeconomics. Volume I includes a number of classic papers which helped to form the foundations for the field of the economics of information. Stiglitz reflects on his work and the field more generally throughout the volume by including substantial original introductions to the Selected Works, the volume as a whole, and each part within the volume. The volume includes a number of foundational papers, specifically looking at market equilibrium with adverse selection, moral hazard, and screening. This volume sets out the basic concepts underlying the economics of information, while volume II goes a step further by applying and extending these concepts in a number of different settings in labour, capital, and product markets.

Conversations on Growth, Stability and Trade

Conversations on Growth, Stability and Trade PDF Author: Brian Snowdon
Publisher: Edward Elgar Publishing
ISBN: 1843767422
Category : Business & Economics
Languages : en
Pages : 501

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Book Description
This is a splendid book. It sits at the interface of economics and economic history, and provides both a textbook-style introduction to the key themes of macroeconomics and personal insights into the central debates gleaned from interviews with leading economists. David Greasley, Australian Economic History Review It should be in every library. A hundred years from now, it will be an important guide to what leading economists thought they knew, and what they knew they didn't know as of A.D. 2002. Christopher Hanes, EH.Net Conversations on Growth, Stability and Trade is a wonderful survey of the development of macroeconomic thinking over the past decades. Brian Snowdon has a knack for combining insightful essays on a subject with interviews of interesting, relevant, and diverse economists. The interviews give one an excellent sense of how economists approach policy issues. David Colander, Middlebury College, US Conversations on Growth, Stability and Trade has all the lucidity of A Modern Guide to Macroeconomics by Snowdon, Vane and Wynarczyk, combined with the fascination of Conversations with Leading Economists by Snowdon and Vane. Students will love it and their teachers will devour it the night before the big lecture. If only I had learned macroeconomics this way. Mark Blaug, University of London and University of Buckingham, UK These well informed and highly readable interviews provide a great introduction to some of the big issues in modern economics. Roger E. Backhouse, University of Birmingham, UK This unique volume provides a comprehensive survey of the major economic issues that have helped shape the modern world. It includes discussions of the latest research findings in macroeconomics and scrutinises some of the most important debates in economic history. The author examines the many controversies relating to the role of government in a modern economy, long-run growth and development, the spread of the Industrial Revolution, the causes and consequences of the Great Depression , the Great Peacetime Inflation , the conduct of stabilisation policy, international economic integration and globalisation. To shed light on these major issues the volume contains interviews with ten leading economists who have each contributed extensively to the literature on macroeconomics, economic growth and development, international economics and economic history. A major theme which runs throughout the book is the conviction that economists can gain valuable insights concerning important contemporary policy issues from a knowledge of history, especially economic history. The distinguished economists featured in this book are: Ben Bernanke, Jagdish Bhagwati, Alan Blinder, Nick Crafts, Bradford DeLong, Barry Eichengreen, Kevin Hoover, Charles Jones, Christina Romer and Joseph Stiglitz. Containing an extensive and up-to-date list of references, the book provides a comprehensive guide to the modern literature on macroeconomics and related fields. It will be an essential reference for all scholars and students of economics, especially those with an interest in economic growth, business cycles, inflation, unemployment, trade and globalisation. It will also be of considerable value to students of economic history and the history of economic thought.

The Economics Of Cooperation

The Economics Of Cooperation PDF Author: James Roumasset
Publisher: Routledge
ISBN: 1000244296
Category : Political Science
Languages : en
Pages : 216

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Book Description
This book discusses the nature of institutional development as it promotes market growth. It is concerned with the nature of and the prospects for pro-market development planning, especially in East Asia, describing pro-market policies that enhance economic cooperation.

An Integral Approach to Development Economics

An Integral Approach to Development Economics PDF Author: Basheer A. Oshodi
Publisher: Routledge
ISBN: 1317181840
Category : Business & Economics
Languages : en
Pages : 282

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Book Description
Developing economies such as those in sub-Saharan Africa are searching for realistic economic policy prescriptions. Despite economic growth in countries like Nigeria, poverty and unemployment blight the lives of many, in the midst of plenty. Simultaneously, much neo-classical economic thought is being questioned against the backdrop of global economic meltdown, giving rise to inquiry about more integral approaches to sustainable development. In An Integral Approach to Development Economics, Basheer Oshodi examines modernization theories, dependency theories, world system theories and emerging 21st century economic theories and links a neo-modern mix of economic thought with the practicalities of finance in parts of the World where poverty is rife. In a specifically African setting, over half of the population are Muslims, Oshodi considers Islamic finance in the context of the triple heritage of indigenous culture, Westernized Christianity, and Islam. He argues that the principles of Islamic banking and finance can be integrated with other elements of that heritage, focusing on meeting the challenges of poverty and unemployment. Islamic finance is not just a religiously-oriented, Sharia-compliant, alternative financial model. It can contribute to overall socio-economic transformation and a wider, people-centred approach to economic development. International organizations, financial institutions, reserve banks, policy makers, donor agencies and students will find resonance in this valuable addition to Gower’s Transformation and Innovation Series.

Research Frontiers in Industrial Relations and Human Resources

Research Frontiers in Industrial Relations and Human Resources PDF Author: David Lewin
Publisher: Cornell University Press
ISBN: 9780913447536
Category : Business & Economics
Languages : en
Pages : 602

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Book Description
Comprises 16 chapters subsumed under four major subject areas: unions, collective bargaining and dispute resolution; human resources management; labour market research; and the regulation of labour- management relations

Migration And The Labor Market In Developing Countries

Migration And The Labor Market In Developing Countries PDF Author: Richard Sabot
Publisher: Routledge
ISBN: 0429728204
Category : Social Science
Languages : en
Pages : 272

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Book Description
This book clarifies the linkages among income distribution, migration, surplus labor, and poverty in developing countries. It assesses the implications of different key characteristics of labor markets for the response of labor supply to the hiring of additional urban workers.