| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2943 |
| DP2943 Uncovered Interest Parity in Crisis: The Interest Rate Defence in the 1990s | |
| Robert P Flood; Andrew Rose | |
| 发表日期 | 2001-09-16 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | This Paper proposes a theoretical framework that combines the role of education as a cultural melting pot with its function as an instrument of human capital accumulation. It highlights the important role of public education in promoting social cohesion: requiring minority parents to pay twice for culturally distinct private education is a powerful incentive for cultural assimilation through public education. Conversely, subsidizing private schooling through vouchers or tax credits increases social polarization, which may partly explain the strong opposition to voucher experiments. Public education is especially effective in promoting the cultural assimilation of poorer immigrants, but may not be effective in dealing with large numbers of high-income immigrants. |
| 主题 | Public Economics |
| 关键词 | Public education Education vouchers Cultural assimilation |
| URL | https://cepr.org/publications/dp2943 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531986 |
| 推荐引用方式 GB/T 7714 | Robert P Flood,Andrew Rose. DP2943 Uncovered Interest Parity in Crisis: The Interest Rate Defence in the 1990s. 2001. |
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