Education, Moral Hazard, and Endogenous Growth

Kobe University Working Paper No. 80

Posted: 24 Apr 1998

See all articles by Ngo Van Long

Ngo Van Long

McGill University - Department of Economics; CESifo (Center for Economic Studies and Ifo Institute)

Koji Shimomura

Kobe University - Research Institute for Economic and Business Administration

Date Written: 1997

Abstract

We built an overlapping generation model of endogenous growth driven by human capital formation. Young people differ in their innate abilities, but these differences are not known even by the individuals themselves when they are going through the process of education, so that there are no adverse selection problems.

JEL Classification: I21, O40

Suggested Citation

Van Long, Ngo and Shimomura, Koji, Education, Moral Hazard, and Endogenous Growth (1997). Kobe University Working Paper No. 80, Available at SSRN: https://ssrn.com/abstract=79758

Ngo Van Long

McGill University - Department of Economics ( email )

855 Sherbrooke Street West
Montreal, QC H3A 2T7
Canada
514-398-4850 (Phone)
514-398-4938 (Fax)

CESifo (Center for Economic Studies and Ifo Institute)

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Germany

Koji Shimomura (Contact Author)

Kobe University - Research Institute for Economic and Business Administration ( email )

2-1, Rokkodai-cho, Nada-ku
Kobe, 657-8501
Japan
+81 78 881 1212 (Phone)
+81 78 861 6434 (Fax)

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