Education and social mobility

@article{Cremer2010EducationAS,
  title={Education and social mobility},
  author={Helmuth Cremer and Philippe De Donder and Pierre Pestieau},
  journal={International Tax and Public Finance},
  year={2010},
  volume={17},
  pages={357-377}
}
This paper shows that the design of education policy involves a potential conflict between welfare and social mobility. We consider a setting in which social mobility is maximized under the least elitist public education system, whereas welfare maximization calls for the most elitist system. We show that when private education is available, the degree of elitism that maximizes social mobility increases, while the welfare-maximizing degree of elitism decreases. The ranking between the welfare… 

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