Estimation of Drivers of Public Education Expenditure : Baumol's Effect Revisited /
This paper analyzes drivers of rising per-pupil public education spending, including Baumol's 'cost disease' effect. Higher wages paid to teachers contributed significantly to the increase in per-pupil spending over the past decades. Empirical analyses using a large dataset of advance...
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| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2015/178 |
| Accés en línia: | Full text available on IMF |