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Kan utbildningssubventioner främja ekonomisk tillväxt? - En simuleringsstudie om USA:s framtida tillväxtscenarion

Rimstedt, Sandra LU (2012) NEKH01 20121
Department of Economics
Abstract
In the last decades, the impact of human capital on growth has played a central role. College tuition in the U.S. is among the highest in the world and deters otherwise capable and enthusiastic students from seeking higher education. This thesis investigates the effect of education subsidies on the highest levels of education in the U.S by performing a simulation with different financial strategies. A variation of the Lucas Growth Model is used to demonstrate the anticipated effects of education subsidies. The deviations made include a budget constraint, individuals’ behavioral change after a tax raise, and dividing individuals into different groups based on their ability to attend college. Based on these traits, subjects can be fit in to... (More)
In the last decades, the impact of human capital on growth has played a central role. College tuition in the U.S. is among the highest in the world and deters otherwise capable and enthusiastic students from seeking higher education. This thesis investigates the effect of education subsidies on the highest levels of education in the U.S by performing a simulation with different financial strategies. A variation of the Lucas Growth Model is used to demonstrate the anticipated effects of education subsidies. The deviations made include a budget constraint, individuals’ behavioral change after a tax raise, and dividing individuals into different groups based on their ability to attend college. Based on these traits, subjects can be fit in to three different categories that determine how likely they are to gain from such subsidies. The results demonstrate that higher education subsidies in the U.S., that either aim to improve the quality of schools or that stimulates students to seek college education, will increase economic growth in the long run. (Less)
Please use this url to cite or link to this publication:
author
Rimstedt, Sandra LU
supervisor
organization
course
NEKH01 20121
year
type
M2 - Bachelor Degree
subject
keywords
Ekonomisk Tillväxt, Utbildningssubventioner, USA, Simulering, Humankapital
language
Swedish
id
2607562
date added to LUP
2012-06-15 12:54:39
date last changed
2012-06-15 12:54:39
@misc{2607562,
  abstract     = {In the last decades, the impact of human capital on growth has played a central role. College tuition in the U.S. is among the highest in the world and deters otherwise capable and enthusiastic students from seeking higher education. This thesis investigates the effect of education subsidies on the highest levels of education in the U.S by performing a simulation with different financial strategies. A variation of the Lucas Growth Model is used to demonstrate the anticipated effects of education subsidies. The deviations made include a budget constraint, individuals’ behavioral change after a tax raise, and dividing individuals into different groups based on their ability to attend college. Based on these traits, subjects can be fit in to three different categories that determine how likely they are to gain from such subsidies. The results demonstrate that higher education subsidies in the U.S., that either aim to improve the quality of schools or that stimulates students to seek college education, will increase economic growth in the long run.},
  author       = {Rimstedt, Sandra},
  keyword      = {Ekonomisk Tillväxt,Utbildningssubventioner,USA,Simulering,Humankapital},
  language     = {swe},
  note         = {Student Paper},
  title        = {Kan utbildningssubventioner främja ekonomisk tillväxt? - En simuleringsstudie om USA:s framtida tillväxtscenarion},
  year         = {2012},
}