Ioana Schiopu

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The paper studies the interaction between public and private spending in a two-stage education framework (K-12 and tertiary education) and their e¤ects on economic growth. We …nd that an increase in the overall educational public spending crowds out the total level of private contributions and increases the share of resources that households devote to K-12(More)
The paper studies the interaction between public and private inputs in a two-stage education framework (K-12 and tertiary education). We …nd that an increase in the overall educational public spending crowds out the total level of private contributions and increases the share of total private resources that households devote to K-12 education. Given a …xed(More)
We investigate externalities in higher education enrollment over the course of development in a two-sector model. Each sector works with only one type of labor, skilled or unskilled, and individuals are differentiated according to their cost of acquiring human capital. Both sectors exhibit productivity externalities in the size of the skill-specific labor(More)
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