Abstract
Hierarchical and comprehensive school systems are compared with respect to efficiency. At given ability, a student?s probability of not completing school rises with increasing mean ability in class. Both school systems can yield identical average failure rates. Given that output losses in case of failure are stronger for more talented students, the comprehensive school system will generally lead to a higher total income.
Dokumententyp: | Paper |
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Fakultät: | Volkswirtschaft
Volkswirtschaft > Lehrstühle > Lehrstuhl für Nationalökonomie |
Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
Sprache: | Englisch |
Dokumenten ID: | 19192 |
Datum der Veröffentlichung auf Open Access LMU: | 15. Apr. 2014, 08:48 |
Letzte Änderungen: | 29. Apr. 2016, 09:16 |