Youth Wages, Risk, and Tertiary Finance Arrangements*
作者:
PAUL MILLER,
PAUL VOLKER,
期刊:
Economic Record
(WILEY Available online 1993)
卷期:
Volume 69,
issue 1
页码: 20-33
ISSN:0013-0249
年代: 1993
DOI:10.1111/j.1475-4932.1993.tb01795.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
Human capital earnings functions typically explain a small fraction of the total variation in earnings. The considerable uncertainty associated with expected future earnings streams enhances the desirability of a loans scheme for higher education possessing income contingent characteristics on the repayment side. The Higher Education Contribution Scheme (HECS) possesses this feature The profitability of higher education even after taking account of the HECS suggests there is scope for higher student contributions. Other possible modifications to the HECS include higher repayment rates, a change to the tax base, and a minimum repayment amount
点击下载:
PDF
(999KB)
返 回