Developing an OLG Model with Heterogeneous Preferences and Learning Abilities for Higher Education Policy Analysis

HSE Economic Journal Pub Date : 2023-01-01 DOI:10.17323/1813-8691-2023-27-3-449-469

A. Shpilevaya, A. Polbin, S. Sinelnikov-Murylev

引用次数: 0

Abstract

This paper proposes a model of overlapping generations with heterogeneous preferences and higher education sector for a representative country where the Unified State Examination (USE) is taken. Unlike other models that study the accumulation of human capital based on the assumption of homogeneity of the parameters of individuals' preferences, in the proposed model heterogeneity is introduced when describing the abilities of individuals, approximated by Unified State Exam scores, risk aversion and intertemporal discounting under conditions of uncertainty. The purpose of this work is to develop and construct a model on which a methodology for as ses-sing strategies (rather than specific options) for the development of the education system can be based in the ideology of general equilibrium models. This article has developed an apparatus for analyzing strategies for the development of the education sector, which can be refined and finalized to analyze specific detailed options for transformations in the field of education.

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基于异质性偏好和学习能力的高等教育政策分析OLG模型

本文提出了一个具有代表性的国家统一考试(USE)的跨代异质偏好和高等教育部门重叠模型。与其他基于个人偏好参数同质性假设来研究人力资本积累的模型不同，该模型在描述个人能力时引入了异质性，以不确定条件下的统一考试成绩、风险厌恶和跨期贴现来近似。这项工作的目的是开发和构建一个模型，在这个模型上，教育系统发展的整体战略(而不是具体选择)的方法可以基于一般均衡模型的意识形态。本文提出了一种分析教育部门发展战略的方法，可以对其加以改进和最后确定，以分析教育领域变革的具体详细选择。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

HSE Economic Journal Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

1.10

自引率

0.00%

发文量

期刊介绍： The HSE Economic Journal publishes refereed papers both in Russian and English. It has perceived better understanding of the market economy, the Russian one in particular, since being established in 1997. It disseminated new and diverse ideas on economic theory and practice, economic modeling, applied mathematical and statistical methods. Its Editorial Board and Council consist of prominent Russian and foreign researchers whose activity has fostered integration of the world scientific community. The target audience comprises researches, university professors and graduate students. Submitted papers should match JEL classification and can cover country specific or international economic issues, in various areas, such as micro- and macroeconomics, econometrics, economic policy, labor markets, social policy. Apart from supporting high quality economic research and academic discussion the Editorial Board sees its mission in searching for the new authors with original ideas. The journal follows international reviewing practices – at present submitted papers are subject to single blind review of two reviewers. The journal stands for meeting the highest standards of publication ethics.