Equity and Efficiency Considerations of Public Higher Education

Outline of the Book.- The Distributional Impact of Subsidies to Higher Education in the Cross-Sectional Perspective.- Previous Studies.- Empirical Evidence Using GSOEP Data.- The Distributional Impact of Subsidies to Higher Education in the Long Run.- Previous Related Literature.- The Creedy-François Model of Higher-Education Economics as the Basic Framework for our Analysis.- The Distributional Effect of Public Subsidization Among Graduates and Non-Graduates-The Life-Cycle Perspective.- Alternative Options for Funding.- The Role of Progressive Taxation.- Offsetting Subsidies and Progressive Taxation.- Limits of Distortion-Offsetting Subsidies.- Summary and Conclusion.

From the reviews of the first edition:

"The author emphasizes the role of windfall gains that occur from subsidizing higher education. ... the main goal of this book is to assess the widely used tax-financed subsidy systems and understand the impact of different degrees and kinds of subsidization on both efficiency and equity. On the other side, there we can find a nice example of applied mathematics." (Krzysztof Piasecki, Zentralblatt MATH, Vol. 1086, 2006)