大学学费与收入不平等

IF 10.5 1区经济学 Q1 ECONOMICS

American Economic Review Pub Date : 2021-12-28 DOI:10.1257/aer.20181027

Zhifeng Cai, Jonathan Heathcote

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引用次数: 0

摘要

本文评估了收入不平等加剧在解释观察到的大学学费增长中的作用。我们建立了一个大学市场的竞争模型，在这个模型中，大学质量取决于教学支出和录取学生的平均能力。我们模式的一个创新之处在于，它允许大学质量的持续分布。我们发现，观察到的美国收入不平等加剧可以解释1990年以来观察到的平均净学费上涨的一半以上，而且收入不平等加剧也抑制了大学入学率。(jel 31, i22, i23, i24)

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College Tuition and Income Inequality

This paper evaluates the role of rising income inequality in explaining observed growth in college tuition. We develop a competitive model of the college market, in which college quality depends on instructional expenditure and the average ability of admitted students. An innovative feature of our model is that it allows for a continuous distribution of college quality. We find that observed increases in US income inequality can explain more than half of the observed rise in average net tuition since 1990 and that rising income inequality has also depressed college attendance. (JEL D31, I22, I23, I24)

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来源期刊

American Economic Review ECONOMICS-

CiteScore

18.60

自引率

2.80%

发文量

122

期刊介绍： The American Economic Review (AER) stands as a prestigious general-interest economics journal. Founded in 1911, it holds the distinction of being one of the nation's oldest and most esteemed scholarly journals in economics. With a commitment to academic excellence, the AER releases 12 issues annually, featuring articles that span a wide spectrum of economic topics.