Financing Lifelong Learning

This paper describes and analyzes different financial schemes to promote lifelong learning. Considered are financial instruments to stimulate successful early learning, financial aid schemes and subsidization mechanisms. Theoretical analyses about funding of early learning have mainly focused on vouchers. Yet, the available empirical evidence is more ambiguous about the effects of vouchers than about the effects of conditional cash transfers and financial incentives for pupils and teachers. Positive effects of financial incentives to pupils are not restricted to high ability pupils, as low ability students also seem to benefit. The evidence regarding the effects of subsidy forms is limited. The most prominent knowledge gaps regarding the effects of various financing schemes related to lifelong learning are the effects of vouchers in compulsory education; financial aid schemes for students; and entitlements and individual learning accounts.

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Bibliographic Details
Main Authors: Oosterbeek, Hessel, Patrinos, Harry Anthony
Language:English
Published: World Bank, Washington, DC 2008-03
Subjects:ACADEMIC PROGRESS, ACCESS TO HIGHER EDUCATION, ACCESS TO TRAINING, ACCESSIBILITY, ACCURATE INFORMATION, ADMINISTRATIVE COSTS, ADMINISTRATIVE RECORDS, ADULT LEARNING, AGE-EARNINGS, AGE-EARNINGS PROFILES, ALTERNATIVE FUNDING, BANKS, BEHAVIORAL ECONOMICS, BENEFITS OF INVESTMENT, BIASES, BORROWER, CAPITAL ACCUMULATION, CAPITAL MARKET, CAPITAL MARKETS, CAREER, CAREER CHOICE, CAREERS, CASH PAYMENT, CASH TRANSFER, CASH TRANSFERS, CLASSROOM, COLLATERAL, COLLECTION AGENCY, COLLEGE COSTS, COLLEGES, COMMUNITY ORGANIZATIONS, COMPLETION RATES, COMPULSORY EDUCATION, COMPULSORY SCHOOLING, CONSUMERS, CONTINUING EDUCATION, CONTRIBUTION, CONTRIBUTIONS, COST OF LABOR, COST SHARING, COST-SHARING, COSTS OF EDUCATION, CURRENT EXPENDITURES, CURRENT INCOME, DEBT BURDEN, DEBT LOADS, DEFAULTERS, DEPOSIT, DEVELOPMENT BANK, DISADVANTAGED GROUPS, EARLY LEARNING, EARNINGS, ECONOMIC ANALYSIS, ECONOMIC GROWTH, ECONOMIC POLICY, ECONOMICS OF EDUCATION, EDUCATION FINANCE, EDUCATION INVESTMENTS, EDUCATION SYSTEMS, EDUCATIONAL ATTAINMENT, EDUCATIONAL OUTCOMES, EDUCATIONAL SERVICES, ELEMENTARY EDUCATION, ELITE UNIVERSITIES, EMPLOYEE, EMPLOYER, EMPLOYERS, EMPLOYMENT, EMPLOYMENT OUTCOMES, ENROLLMENT, ENROLLMENT RATES, ENROLLMENTS, ENTREPRENEURS, EQUAL ACCESS, EQUAL OPPORTUNITIES, EQUALITY, EXPENDITURES, FINANCIAL ARRANGEMENTS, FINANCIAL CONSEQUENCES, FINANCIAL INCENTIVES, FINANCIAL INSTRUMENT, FINANCIAL INSTRUMENTS, FINANCIAL MARKETS, FINANCIAL REWARDS, FIRST HOME, FIRST-YEAR UNIVERSITY STUDENTS, FORMAL SCHOOLING, FURTHER EDUCATION, FUTURE EARNINGS, FUTURE INCOME, GENDER, GIRLS, GLOBAL KNOWLEDGE, GOVERNMENT INTERVENTION, GRADUATE TAX, GRADUATE TAXES, HIGHER EDUCATION, HIGHER EDUCATION FUNDING, HIGHER EDUCATION STUDENTS, HUMAN CAPITAL, HUMAN DEVELOPMENT, HUMAN RESOURCES, INCENTIVE PROGRAM, INCOME, INCOME CONTINGENT LOANS, INCOME TAX, INCOMES, INDEBTEDNESS, INDIVIDUAL RETIREMENT, INDIVIDUAL RETIREMENT ACCOUNTS, INSTALLMENTS, INTEREST RATE, INTERNATIONAL BANK, INTERVENTIONS, INVESTING, INVESTMENTS IN EDUCATION, JOB TRAINING, KNOWLEDGE ECONOMY, KNOWLEDGE GAPS, LABOR MARKET, LABOR MARKETS, LENDER, LENDERS, LEVEL OF EDUCATION, LIFELONG LEARNING, LIFETIME, LITERATURE, LOAN, LOAN REPAYMENT, LOCAL FINANCIAL INSTITUTIONS, LOW COST, LOW INCOME, LOW-INCOME, LOW-INCOME FAMILIES, MARGINAL TAX RATE, MARGINAL TAX RATES, MARKET SHARE, MORAL HAZARD, MORTGAGE, MORTGAGE LOANS, OLDER WORKERS, PAPERS, PAYROLL LEVIES, POST-SECONDARY EDUCATION, POVERTY ALLEVIATION, PRIMARY EDUCATION, PRIMARY SCHOOL, PRIVATE FUNDING, PRIVATE TRAINING, PROBABILITY, PRODUCTIVITY, PROSPERITY, PROVISION OF INFORMATION, PUBLIC EDUCATION, PUBLIC GOODS, PUBLIC SCHOOLS, PUBLIC SUBSIDIES, PUBLIC SUBSIDY, PUBLIC TRAINING, PURCHASING POWER, RATE OF RETURN, REPAYMENT, REPAYMENT PERIOD, REPAYMENTS, RESEARCH FINDINGS, RESEARCHERS, RETURNS TO EDUCATION, RISK OF DEFAULT, SAVINGS, SAVINGS ACCOUNT, SAVINGS ACCOUNTS, SCHOLARSHIP, SCHOLARSHIPS, SCHOOL ATTENDANCE, SCHOOL BUILDING, SCHOOL SAVINGS, SCHOOLS, SCIENTIST, SECONDARY EDUCATION, SECONDARY SCHOOL, SECONDARY SCHOOLS, SMALL BUSINESS, SMALL ENTERPRISE, SMALL ENTERPRISES, SOCIAL COHESION, SOCIAL DEVELOPMENT, SOCIAL SECURITY, SOCIAL WELFARE, SOURCES OF FINANCE, STUDENT ACHIEVEMENT, STUDENT AID, STUDENT DEBT, STUDENT FINANCE, STUDENT FINANCIAL AID, STUDENT LOANS, STUDENT POPULATION, SUBSIDIZATION, TAKE-UP RATES, TAX CODE, TAX DEDUCTION, TAX DEDUCTIONS, TAX RATE, TAX REDUCTION, TAXABLE INCOME, TEACHER, TEACHERS, TRAINING ACTIVITIES, TRAINING COSTS, TRAINING COURSES, TRAINING PROGRAM, TRAINING PROGRAMS, TUITION, TUITION FEES, TUITION POLICIES, UNDERGRADUATES, UNEMPLOYED, UNEMPLOYED PEOPLE, UNEMPLOYED PERSONS, UNIVERSITY COLLEGE, VALUATION, VOCATIONAL EDUCATION, VOCATIONAL TRAINING, VOUCHER, VOUCHER PROGRAM, VOUCHERS, WAGE, WAGES, WORKERS, WORTH, YOUNG CHILDREN, YOUNGER WORKERS,
Online Access:http://documents.worldbank.org/curated/en/2008/03/9093156/financing-lifelong-learning
https://hdl.handle.net/10986/6495
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countrycode US
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databasecode dig-okr
tag biblioteca
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libraryname Biblioteca del Banco Mundial
language English
topic ACADEMIC PROGRESS
ACCESS TO HIGHER EDUCATION
ACCESS TO TRAINING
ACCESSIBILITY
ACCURATE INFORMATION
ADMINISTRATIVE COSTS
ADMINISTRATIVE RECORDS
ADULT LEARNING
AGE-EARNINGS
AGE-EARNINGS PROFILES
ALTERNATIVE FUNDING
BANKS
BEHAVIORAL ECONOMICS
BENEFITS OF INVESTMENT
BIASES
BORROWER
CAPITAL ACCUMULATION
CAPITAL MARKET
CAPITAL MARKETS
CAREER
CAREER CHOICE
CAREERS
CASH PAYMENT
CASH TRANSFER
CASH TRANSFERS
CLASSROOM
COLLATERAL
COLLECTION AGENCY
COLLEGE COSTS
COLLEGES
COMMUNITY ORGANIZATIONS
COMPLETION RATES
COMPULSORY EDUCATION
COMPULSORY SCHOOLING
CONSUMERS
CONTINUING EDUCATION
CONTRIBUTION
CONTRIBUTIONS
COST OF LABOR
COST SHARING
COST-SHARING
COSTS OF EDUCATION
CURRENT EXPENDITURES
CURRENT INCOME
DEBT BURDEN
DEBT LOADS
DEFAULTERS
DEPOSIT
DEVELOPMENT BANK
DISADVANTAGED GROUPS
EARLY LEARNING
EARNINGS
ECONOMIC ANALYSIS
ECONOMIC GROWTH
ECONOMIC POLICY
ECONOMICS OF EDUCATION
EDUCATION FINANCE
EDUCATION INVESTMENTS
EDUCATION SYSTEMS
EDUCATIONAL ATTAINMENT
EDUCATIONAL OUTCOMES
EDUCATIONAL SERVICES
ELEMENTARY EDUCATION
ELITE UNIVERSITIES
EMPLOYEE
EMPLOYER
EMPLOYERS
EMPLOYMENT
EMPLOYMENT OUTCOMES
ENROLLMENT
ENROLLMENT RATES
ENROLLMENTS
ENTREPRENEURS
EQUAL ACCESS
EQUAL OPPORTUNITIES
EQUALITY
EXPENDITURES
FINANCIAL ARRANGEMENTS
FINANCIAL CONSEQUENCES
FINANCIAL INCENTIVES
FINANCIAL INSTRUMENT
FINANCIAL INSTRUMENTS
FINANCIAL MARKETS
FINANCIAL REWARDS
FIRST HOME
FIRST-YEAR UNIVERSITY STUDENTS
FORMAL SCHOOLING
FURTHER EDUCATION
FUTURE EARNINGS
FUTURE INCOME
GENDER
GIRLS
GLOBAL KNOWLEDGE
GOVERNMENT INTERVENTION
GRADUATE TAX
GRADUATE TAXES
HIGHER EDUCATION
HIGHER EDUCATION FUNDING
HIGHER EDUCATION STUDENTS
HUMAN CAPITAL
HUMAN DEVELOPMENT
HUMAN RESOURCES
INCENTIVE PROGRAM
INCOME
INCOME CONTINGENT LOANS
INCOME TAX
INCOMES
INDEBTEDNESS
INDIVIDUAL RETIREMENT
INDIVIDUAL RETIREMENT ACCOUNTS
INSTALLMENTS
INTEREST RATE
INTERNATIONAL BANK
INTERVENTIONS
INVESTING
INVESTMENTS IN EDUCATION
JOB TRAINING
KNOWLEDGE ECONOMY
KNOWLEDGE GAPS
LABOR MARKET
LABOR MARKETS
LENDER
LENDERS
LEVEL OF EDUCATION
LIFELONG LEARNING
LIFETIME
LITERATURE
LOAN
LOAN REPAYMENT
LOCAL FINANCIAL INSTITUTIONS
LOW COST
LOW INCOME
LOW-INCOME
LOW-INCOME FAMILIES
MARGINAL TAX RATE
MARGINAL TAX RATES
MARKET SHARE
MORAL HAZARD
MORTGAGE
MORTGAGE LOANS
OLDER WORKERS
PAPERS
PAYROLL LEVIES
POST-SECONDARY EDUCATION
POVERTY ALLEVIATION
PRIMARY EDUCATION
PRIMARY SCHOOL
PRIVATE FUNDING
PRIVATE TRAINING
PROBABILITY
PRODUCTIVITY
PROSPERITY
PROVISION OF INFORMATION
PUBLIC EDUCATION
PUBLIC GOODS
PUBLIC SCHOOLS
PUBLIC SUBSIDIES
PUBLIC SUBSIDY
PUBLIC TRAINING
PURCHASING POWER
RATE OF RETURN
REPAYMENT
REPAYMENT PERIOD
REPAYMENTS
RESEARCH FINDINGS
RESEARCHERS
RETURNS TO EDUCATION
RISK OF DEFAULT
SAVINGS
SAVINGS ACCOUNT
SAVINGS ACCOUNTS
SCHOLARSHIP
SCHOLARSHIPS
SCHOOL ATTENDANCE
SCHOOL BUILDING
SCHOOL SAVINGS
SCHOOLS
SCIENTIST
SECONDARY EDUCATION
SECONDARY SCHOOL
SECONDARY SCHOOLS
SMALL BUSINESS
SMALL ENTERPRISE
SMALL ENTERPRISES
SOCIAL COHESION
SOCIAL DEVELOPMENT
SOCIAL SECURITY
SOCIAL WELFARE
SOURCES OF FINANCE
STUDENT ACHIEVEMENT
STUDENT AID
STUDENT DEBT
STUDENT FINANCE
STUDENT FINANCIAL AID
STUDENT LOANS
STUDENT POPULATION
SUBSIDIZATION
TAKE-UP RATES
TAX CODE
TAX DEDUCTION
TAX DEDUCTIONS
TAX RATE
TAX REDUCTION
TAXABLE INCOME
TEACHER
TEACHERS
TRAINING ACTIVITIES
TRAINING COSTS
TRAINING COURSES
TRAINING PROGRAM
TRAINING PROGRAMS
TUITION
TUITION FEES
TUITION POLICIES
UNDERGRADUATES
UNEMPLOYED
UNEMPLOYED PEOPLE
UNEMPLOYED PERSONS
UNIVERSITY COLLEGE
VALUATION
VOCATIONAL EDUCATION
VOCATIONAL TRAINING
VOUCHER
VOUCHER PROGRAM
VOUCHERS
WAGE
WAGES
WORKERS
WORTH
YOUNG CHILDREN
YOUNGER WORKERS
ACADEMIC PROGRESS
ACCESS TO HIGHER EDUCATION
ACCESS TO TRAINING
ACCESSIBILITY
ACCURATE INFORMATION
ADMINISTRATIVE COSTS
ADMINISTRATIVE RECORDS
ADULT LEARNING
AGE-EARNINGS
AGE-EARNINGS PROFILES
ALTERNATIVE FUNDING
BANKS
BEHAVIORAL ECONOMICS
BENEFITS OF INVESTMENT
BIASES
BORROWER
CAPITAL ACCUMULATION
CAPITAL MARKET
CAPITAL MARKETS
CAREER
CAREER CHOICE
CAREERS
CASH PAYMENT
CASH TRANSFER
CASH TRANSFERS
CLASSROOM
COLLATERAL
COLLECTION AGENCY
COLLEGE COSTS
COLLEGES
COMMUNITY ORGANIZATIONS
COMPLETION RATES
COMPULSORY EDUCATION
COMPULSORY SCHOOLING
CONSUMERS
CONTINUING EDUCATION
CONTRIBUTION
CONTRIBUTIONS
COST OF LABOR
COST SHARING
COST-SHARING
COSTS OF EDUCATION
CURRENT EXPENDITURES
CURRENT INCOME
DEBT BURDEN
DEBT LOADS
DEFAULTERS
DEPOSIT
DEVELOPMENT BANK
DISADVANTAGED GROUPS
EARLY LEARNING
EARNINGS
ECONOMIC ANALYSIS
ECONOMIC GROWTH
ECONOMIC POLICY
ECONOMICS OF EDUCATION
EDUCATION FINANCE
EDUCATION INVESTMENTS
EDUCATION SYSTEMS
EDUCATIONAL ATTAINMENT
EDUCATIONAL OUTCOMES
EDUCATIONAL SERVICES
ELEMENTARY EDUCATION
ELITE UNIVERSITIES
EMPLOYEE
EMPLOYER
EMPLOYERS
EMPLOYMENT
EMPLOYMENT OUTCOMES
ENROLLMENT
ENROLLMENT RATES
ENROLLMENTS
ENTREPRENEURS
EQUAL ACCESS
EQUAL OPPORTUNITIES
EQUALITY
EXPENDITURES
FINANCIAL ARRANGEMENTS
FINANCIAL CONSEQUENCES
FINANCIAL INCENTIVES
FINANCIAL INSTRUMENT
FINANCIAL INSTRUMENTS
FINANCIAL MARKETS
FINANCIAL REWARDS
FIRST HOME
FIRST-YEAR UNIVERSITY STUDENTS
FORMAL SCHOOLING
FURTHER EDUCATION
FUTURE EARNINGS
FUTURE INCOME
GENDER
GIRLS
GLOBAL KNOWLEDGE
GOVERNMENT INTERVENTION
GRADUATE TAX
GRADUATE TAXES
HIGHER EDUCATION
HIGHER EDUCATION FUNDING
HIGHER EDUCATION STUDENTS
HUMAN CAPITAL
HUMAN DEVELOPMENT
HUMAN RESOURCES
INCENTIVE PROGRAM
INCOME
INCOME CONTINGENT LOANS
INCOME TAX
INCOMES
INDEBTEDNESS
INDIVIDUAL RETIREMENT
INDIVIDUAL RETIREMENT ACCOUNTS
INSTALLMENTS
INTEREST RATE
INTERNATIONAL BANK
INTERVENTIONS
INVESTING
INVESTMENTS IN EDUCATION
JOB TRAINING
KNOWLEDGE ECONOMY
KNOWLEDGE GAPS
LABOR MARKET
LABOR MARKETS
LENDER
LENDERS
LEVEL OF EDUCATION
LIFELONG LEARNING
LIFETIME
LITERATURE
LOAN
LOAN REPAYMENT
LOCAL FINANCIAL INSTITUTIONS
LOW COST
LOW INCOME
LOW-INCOME
LOW-INCOME FAMILIES
MARGINAL TAX RATE
MARGINAL TAX RATES
MARKET SHARE
MORAL HAZARD
MORTGAGE
MORTGAGE LOANS
OLDER WORKERS
PAPERS
PAYROLL LEVIES
POST-SECONDARY EDUCATION
POVERTY ALLEVIATION
PRIMARY EDUCATION
PRIMARY SCHOOL
PRIVATE FUNDING
PRIVATE TRAINING
PROBABILITY
PRODUCTIVITY
PROSPERITY
PROVISION OF INFORMATION
PUBLIC EDUCATION
PUBLIC GOODS
PUBLIC SCHOOLS
PUBLIC SUBSIDIES
PUBLIC SUBSIDY
PUBLIC TRAINING
PURCHASING POWER
RATE OF RETURN
REPAYMENT
REPAYMENT PERIOD
REPAYMENTS
RESEARCH FINDINGS
RESEARCHERS
RETURNS TO EDUCATION
RISK OF DEFAULT
SAVINGS
SAVINGS ACCOUNT
SAVINGS ACCOUNTS
SCHOLARSHIP
SCHOLARSHIPS
SCHOOL ATTENDANCE
SCHOOL BUILDING
SCHOOL SAVINGS
SCHOOLS
SCIENTIST
SECONDARY EDUCATION
SECONDARY SCHOOL
SECONDARY SCHOOLS
SMALL BUSINESS
SMALL ENTERPRISE
SMALL ENTERPRISES
SOCIAL COHESION
SOCIAL DEVELOPMENT
SOCIAL SECURITY
SOCIAL WELFARE
SOURCES OF FINANCE
STUDENT ACHIEVEMENT
STUDENT AID
STUDENT DEBT
STUDENT FINANCE
STUDENT FINANCIAL AID
STUDENT LOANS
STUDENT POPULATION
SUBSIDIZATION
TAKE-UP RATES
TAX CODE
TAX DEDUCTION
TAX DEDUCTIONS
TAX RATE
TAX REDUCTION
TAXABLE INCOME
TEACHER
TEACHERS
TRAINING ACTIVITIES
TRAINING COSTS
TRAINING COURSES
TRAINING PROGRAM
TRAINING PROGRAMS
TUITION
TUITION FEES
TUITION POLICIES
UNDERGRADUATES
UNEMPLOYED
UNEMPLOYED PEOPLE
UNEMPLOYED PERSONS
UNIVERSITY COLLEGE
VALUATION
VOCATIONAL EDUCATION
VOCATIONAL TRAINING
VOUCHER
VOUCHER PROGRAM
VOUCHERS
WAGE
WAGES
WORKERS
WORTH
YOUNG CHILDREN
YOUNGER WORKERS
spellingShingle ACADEMIC PROGRESS
ACCESS TO HIGHER EDUCATION
ACCESS TO TRAINING
ACCESSIBILITY
ACCURATE INFORMATION
ADMINISTRATIVE COSTS
ADMINISTRATIVE RECORDS
ADULT LEARNING
AGE-EARNINGS
AGE-EARNINGS PROFILES
ALTERNATIVE FUNDING
BANKS
BEHAVIORAL ECONOMICS
BENEFITS OF INVESTMENT
BIASES
BORROWER
CAPITAL ACCUMULATION
CAPITAL MARKET
CAPITAL MARKETS
CAREER
CAREER CHOICE
CAREERS
CASH PAYMENT
CASH TRANSFER
CASH TRANSFERS
CLASSROOM
COLLATERAL
COLLECTION AGENCY
COLLEGE COSTS
COLLEGES
COMMUNITY ORGANIZATIONS
COMPLETION RATES
COMPULSORY EDUCATION
COMPULSORY SCHOOLING
CONSUMERS
CONTINUING EDUCATION
CONTRIBUTION
CONTRIBUTIONS
COST OF LABOR
COST SHARING
COST-SHARING
COSTS OF EDUCATION
CURRENT EXPENDITURES
CURRENT INCOME
DEBT BURDEN
DEBT LOADS
DEFAULTERS
DEPOSIT
DEVELOPMENT BANK
DISADVANTAGED GROUPS
EARLY LEARNING
EARNINGS
ECONOMIC ANALYSIS
ECONOMIC GROWTH
ECONOMIC POLICY
ECONOMICS OF EDUCATION
EDUCATION FINANCE
EDUCATION INVESTMENTS
EDUCATION SYSTEMS
EDUCATIONAL ATTAINMENT
EDUCATIONAL OUTCOMES
EDUCATIONAL SERVICES
ELEMENTARY EDUCATION
ELITE UNIVERSITIES
EMPLOYEE
EMPLOYER
EMPLOYERS
EMPLOYMENT
EMPLOYMENT OUTCOMES
ENROLLMENT
ENROLLMENT RATES
ENROLLMENTS
ENTREPRENEURS
EQUAL ACCESS
EQUAL OPPORTUNITIES
EQUALITY
EXPENDITURES
FINANCIAL ARRANGEMENTS
FINANCIAL CONSEQUENCES
FINANCIAL INCENTIVES
FINANCIAL INSTRUMENT
FINANCIAL INSTRUMENTS
FINANCIAL MARKETS
FINANCIAL REWARDS
FIRST HOME
FIRST-YEAR UNIVERSITY STUDENTS
FORMAL SCHOOLING
FURTHER EDUCATION
FUTURE EARNINGS
FUTURE INCOME
GENDER
GIRLS
GLOBAL KNOWLEDGE
GOVERNMENT INTERVENTION
GRADUATE TAX
GRADUATE TAXES
HIGHER EDUCATION
HIGHER EDUCATION FUNDING
HIGHER EDUCATION STUDENTS
HUMAN CAPITAL
HUMAN DEVELOPMENT
HUMAN RESOURCES
INCENTIVE PROGRAM
INCOME
INCOME CONTINGENT LOANS
INCOME TAX
INCOMES
INDEBTEDNESS
INDIVIDUAL RETIREMENT
INDIVIDUAL RETIREMENT ACCOUNTS
INSTALLMENTS
INTEREST RATE
INTERNATIONAL BANK
INTERVENTIONS
INVESTING
INVESTMENTS IN EDUCATION
JOB TRAINING
KNOWLEDGE ECONOMY
KNOWLEDGE GAPS
LABOR MARKET
LABOR MARKETS
LENDER
LENDERS
LEVEL OF EDUCATION
LIFELONG LEARNING
LIFETIME
LITERATURE
LOAN
LOAN REPAYMENT
LOCAL FINANCIAL INSTITUTIONS
LOW COST
LOW INCOME
LOW-INCOME
LOW-INCOME FAMILIES
MARGINAL TAX RATE
MARGINAL TAX RATES
MARKET SHARE
MORAL HAZARD
MORTGAGE
MORTGAGE LOANS
OLDER WORKERS
PAPERS
PAYROLL LEVIES
POST-SECONDARY EDUCATION
POVERTY ALLEVIATION
PRIMARY EDUCATION
PRIMARY SCHOOL
PRIVATE FUNDING
PRIVATE TRAINING
PROBABILITY
PRODUCTIVITY
PROSPERITY
PROVISION OF INFORMATION
PUBLIC EDUCATION
PUBLIC GOODS
PUBLIC SCHOOLS
PUBLIC SUBSIDIES
PUBLIC SUBSIDY
PUBLIC TRAINING
PURCHASING POWER
RATE OF RETURN
REPAYMENT
REPAYMENT PERIOD
REPAYMENTS
RESEARCH FINDINGS
RESEARCHERS
RETURNS TO EDUCATION
RISK OF DEFAULT
SAVINGS
SAVINGS ACCOUNT
SAVINGS ACCOUNTS
SCHOLARSHIP
SCHOLARSHIPS
SCHOOL ATTENDANCE
SCHOOL BUILDING
SCHOOL SAVINGS
SCHOOLS
SCIENTIST
SECONDARY EDUCATION
SECONDARY SCHOOL
SECONDARY SCHOOLS
SMALL BUSINESS
SMALL ENTERPRISE
SMALL ENTERPRISES
SOCIAL COHESION
SOCIAL DEVELOPMENT
SOCIAL SECURITY
SOCIAL WELFARE
SOURCES OF FINANCE
STUDENT ACHIEVEMENT
STUDENT AID
STUDENT DEBT
STUDENT FINANCE
STUDENT FINANCIAL AID
STUDENT LOANS
STUDENT POPULATION
SUBSIDIZATION
TAKE-UP RATES
TAX CODE
TAX DEDUCTION
TAX DEDUCTIONS
TAX RATE
TAX REDUCTION
TAXABLE INCOME
TEACHER
TEACHERS
TRAINING ACTIVITIES
TRAINING COSTS
TRAINING COURSES
TRAINING PROGRAM
TRAINING PROGRAMS
TUITION
TUITION FEES
TUITION POLICIES
UNDERGRADUATES
UNEMPLOYED
UNEMPLOYED PEOPLE
UNEMPLOYED PERSONS
UNIVERSITY COLLEGE
VALUATION
VOCATIONAL EDUCATION
VOCATIONAL TRAINING
VOUCHER
VOUCHER PROGRAM
VOUCHERS
WAGE
WAGES
WORKERS
WORTH
YOUNG CHILDREN
YOUNGER WORKERS
ACADEMIC PROGRESS
ACCESS TO HIGHER EDUCATION
ACCESS TO TRAINING
ACCESSIBILITY
ACCURATE INFORMATION
ADMINISTRATIVE COSTS
ADMINISTRATIVE RECORDS
ADULT LEARNING
AGE-EARNINGS
AGE-EARNINGS PROFILES
ALTERNATIVE FUNDING
BANKS
BEHAVIORAL ECONOMICS
BENEFITS OF INVESTMENT
BIASES
BORROWER
CAPITAL ACCUMULATION
CAPITAL MARKET
CAPITAL MARKETS
CAREER
CAREER CHOICE
CAREERS
CASH PAYMENT
CASH TRANSFER
CASH TRANSFERS
CLASSROOM
COLLATERAL
COLLECTION AGENCY
COLLEGE COSTS
COLLEGES
COMMUNITY ORGANIZATIONS
COMPLETION RATES
COMPULSORY EDUCATION
COMPULSORY SCHOOLING
CONSUMERS
CONTINUING EDUCATION
CONTRIBUTION
CONTRIBUTIONS
COST OF LABOR
COST SHARING
COST-SHARING
COSTS OF EDUCATION
CURRENT EXPENDITURES
CURRENT INCOME
DEBT BURDEN
DEBT LOADS
DEFAULTERS
DEPOSIT
DEVELOPMENT BANK
DISADVANTAGED GROUPS
EARLY LEARNING
EARNINGS
ECONOMIC ANALYSIS
ECONOMIC GROWTH
ECONOMIC POLICY
ECONOMICS OF EDUCATION
EDUCATION FINANCE
EDUCATION INVESTMENTS
EDUCATION SYSTEMS
EDUCATIONAL ATTAINMENT
EDUCATIONAL OUTCOMES
EDUCATIONAL SERVICES
ELEMENTARY EDUCATION
ELITE UNIVERSITIES
EMPLOYEE
EMPLOYER
EMPLOYERS
EMPLOYMENT
EMPLOYMENT OUTCOMES
ENROLLMENT
ENROLLMENT RATES
ENROLLMENTS
ENTREPRENEURS
EQUAL ACCESS
EQUAL OPPORTUNITIES
EQUALITY
EXPENDITURES
FINANCIAL ARRANGEMENTS
FINANCIAL CONSEQUENCES
FINANCIAL INCENTIVES
FINANCIAL INSTRUMENT
FINANCIAL INSTRUMENTS
FINANCIAL MARKETS
FINANCIAL REWARDS
FIRST HOME
FIRST-YEAR UNIVERSITY STUDENTS
FORMAL SCHOOLING
FURTHER EDUCATION
FUTURE EARNINGS
FUTURE INCOME
GENDER
GIRLS
GLOBAL KNOWLEDGE
GOVERNMENT INTERVENTION
GRADUATE TAX
GRADUATE TAXES
HIGHER EDUCATION
HIGHER EDUCATION FUNDING
HIGHER EDUCATION STUDENTS
HUMAN CAPITAL
HUMAN DEVELOPMENT
HUMAN RESOURCES
INCENTIVE PROGRAM
INCOME
INCOME CONTINGENT LOANS
INCOME TAX
INCOMES
INDEBTEDNESS
INDIVIDUAL RETIREMENT
INDIVIDUAL RETIREMENT ACCOUNTS
INSTALLMENTS
INTEREST RATE
INTERNATIONAL BANK
INTERVENTIONS
INVESTING
INVESTMENTS IN EDUCATION
JOB TRAINING
KNOWLEDGE ECONOMY
KNOWLEDGE GAPS
LABOR MARKET
LABOR MARKETS
LENDER
LENDERS
LEVEL OF EDUCATION
LIFELONG LEARNING
LIFETIME
LITERATURE
LOAN
LOAN REPAYMENT
LOCAL FINANCIAL INSTITUTIONS
LOW COST
LOW INCOME
LOW-INCOME
LOW-INCOME FAMILIES
MARGINAL TAX RATE
MARGINAL TAX RATES
MARKET SHARE
MORAL HAZARD
MORTGAGE
MORTGAGE LOANS
OLDER WORKERS
PAPERS
PAYROLL LEVIES
POST-SECONDARY EDUCATION
POVERTY ALLEVIATION
PRIMARY EDUCATION
PRIMARY SCHOOL
PRIVATE FUNDING
PRIVATE TRAINING
PROBABILITY
PRODUCTIVITY
PROSPERITY
PROVISION OF INFORMATION
PUBLIC EDUCATION
PUBLIC GOODS
PUBLIC SCHOOLS
PUBLIC SUBSIDIES
PUBLIC SUBSIDY
PUBLIC TRAINING
PURCHASING POWER
RATE OF RETURN
REPAYMENT
REPAYMENT PERIOD
REPAYMENTS
RESEARCH FINDINGS
RESEARCHERS
RETURNS TO EDUCATION
RISK OF DEFAULT
SAVINGS
SAVINGS ACCOUNT
SAVINGS ACCOUNTS
SCHOLARSHIP
SCHOLARSHIPS
SCHOOL ATTENDANCE
SCHOOL BUILDING
SCHOOL SAVINGS
SCHOOLS
SCIENTIST
SECONDARY EDUCATION
SECONDARY SCHOOL
SECONDARY SCHOOLS
SMALL BUSINESS
SMALL ENTERPRISE
SMALL ENTERPRISES
SOCIAL COHESION
SOCIAL DEVELOPMENT
SOCIAL SECURITY
SOCIAL WELFARE
SOURCES OF FINANCE
STUDENT ACHIEVEMENT
STUDENT AID
STUDENT DEBT
STUDENT FINANCE
STUDENT FINANCIAL AID
STUDENT LOANS
STUDENT POPULATION
SUBSIDIZATION
TAKE-UP RATES
TAX CODE
TAX DEDUCTION
TAX DEDUCTIONS
TAX RATE
TAX REDUCTION
TAXABLE INCOME
TEACHER
TEACHERS
TRAINING ACTIVITIES
TRAINING COSTS
TRAINING COURSES
TRAINING PROGRAM
TRAINING PROGRAMS
TUITION
TUITION FEES
TUITION POLICIES
UNDERGRADUATES
UNEMPLOYED
UNEMPLOYED PEOPLE
UNEMPLOYED PERSONS
UNIVERSITY COLLEGE
VALUATION
VOCATIONAL EDUCATION
VOCATIONAL TRAINING
VOUCHER
VOUCHER PROGRAM
VOUCHERS
WAGE
WAGES
WORKERS
WORTH
YOUNG CHILDREN
YOUNGER WORKERS
Oosterbeek, Hessel
Patrinos, Harry Anthony
Financing Lifelong Learning
description This paper describes and analyzes different financial schemes to promote lifelong learning. Considered are financial instruments to stimulate successful early learning, financial aid schemes and subsidization mechanisms. Theoretical analyses about funding of early learning have mainly focused on vouchers. Yet, the available empirical evidence is more ambiguous about the effects of vouchers than about the effects of conditional cash transfers and financial incentives for pupils and teachers. Positive effects of financial incentives to pupils are not restricted to high ability pupils, as low ability students also seem to benefit. The evidence regarding the effects of subsidy forms is limited. The most prominent knowledge gaps regarding the effects of various financing schemes related to lifelong learning are the effects of vouchers in compulsory education; financial aid schemes for students; and entitlements and individual learning accounts.
topic_facet ACADEMIC PROGRESS
ACCESS TO HIGHER EDUCATION
ACCESS TO TRAINING
ACCESSIBILITY
ACCURATE INFORMATION
ADMINISTRATIVE COSTS
ADMINISTRATIVE RECORDS
ADULT LEARNING
AGE-EARNINGS
AGE-EARNINGS PROFILES
ALTERNATIVE FUNDING
BANKS
BEHAVIORAL ECONOMICS
BENEFITS OF INVESTMENT
BIASES
BORROWER
CAPITAL ACCUMULATION
CAPITAL MARKET
CAPITAL MARKETS
CAREER
CAREER CHOICE
CAREERS
CASH PAYMENT
CASH TRANSFER
CASH TRANSFERS
CLASSROOM
COLLATERAL
COLLECTION AGENCY
COLLEGE COSTS
COLLEGES
COMMUNITY ORGANIZATIONS
COMPLETION RATES
COMPULSORY EDUCATION
COMPULSORY SCHOOLING
CONSUMERS
CONTINUING EDUCATION
CONTRIBUTION
CONTRIBUTIONS
COST OF LABOR
COST SHARING
COST-SHARING
COSTS OF EDUCATION
CURRENT EXPENDITURES
CURRENT INCOME
DEBT BURDEN
DEBT LOADS
DEFAULTERS
DEPOSIT
DEVELOPMENT BANK
DISADVANTAGED GROUPS
EARLY LEARNING
EARNINGS
ECONOMIC ANALYSIS
ECONOMIC GROWTH
ECONOMIC POLICY
ECONOMICS OF EDUCATION
EDUCATION FINANCE
EDUCATION INVESTMENTS
EDUCATION SYSTEMS
EDUCATIONAL ATTAINMENT
EDUCATIONAL OUTCOMES
EDUCATIONAL SERVICES
ELEMENTARY EDUCATION
ELITE UNIVERSITIES
EMPLOYEE
EMPLOYER
EMPLOYERS
EMPLOYMENT
EMPLOYMENT OUTCOMES
ENROLLMENT
ENROLLMENT RATES
ENROLLMENTS
ENTREPRENEURS
EQUAL ACCESS
EQUAL OPPORTUNITIES
EQUALITY
EXPENDITURES
FINANCIAL ARRANGEMENTS
FINANCIAL CONSEQUENCES
FINANCIAL INCENTIVES
FINANCIAL INSTRUMENT
FINANCIAL INSTRUMENTS
FINANCIAL MARKETS
FINANCIAL REWARDS
FIRST HOME
FIRST-YEAR UNIVERSITY STUDENTS
FORMAL SCHOOLING
FURTHER EDUCATION
FUTURE EARNINGS
FUTURE INCOME
GENDER
GIRLS
GLOBAL KNOWLEDGE
GOVERNMENT INTERVENTION
GRADUATE TAX
GRADUATE TAXES
HIGHER EDUCATION
HIGHER EDUCATION FUNDING
HIGHER EDUCATION STUDENTS
HUMAN CAPITAL
HUMAN DEVELOPMENT
HUMAN RESOURCES
INCENTIVE PROGRAM
INCOME
INCOME CONTINGENT LOANS
INCOME TAX
INCOMES
INDEBTEDNESS
INDIVIDUAL RETIREMENT
INDIVIDUAL RETIREMENT ACCOUNTS
INSTALLMENTS
INTEREST RATE
INTERNATIONAL BANK
INTERVENTIONS
INVESTING
INVESTMENTS IN EDUCATION
JOB TRAINING
KNOWLEDGE ECONOMY
KNOWLEDGE GAPS
LABOR MARKET
LABOR MARKETS
LENDER
LENDERS
LEVEL OF EDUCATION
LIFELONG LEARNING
LIFETIME
LITERATURE
LOAN
LOAN REPAYMENT
LOCAL FINANCIAL INSTITUTIONS
LOW COST
LOW INCOME
LOW-INCOME
LOW-INCOME FAMILIES
MARGINAL TAX RATE
MARGINAL TAX RATES
MARKET SHARE
MORAL HAZARD
MORTGAGE
MORTGAGE LOANS
OLDER WORKERS
PAPERS
PAYROLL LEVIES
POST-SECONDARY EDUCATION
POVERTY ALLEVIATION
PRIMARY EDUCATION
PRIMARY SCHOOL
PRIVATE FUNDING
PRIVATE TRAINING
PROBABILITY
PRODUCTIVITY
PROSPERITY
PROVISION OF INFORMATION
PUBLIC EDUCATION
PUBLIC GOODS
PUBLIC SCHOOLS
PUBLIC SUBSIDIES
PUBLIC SUBSIDY
PUBLIC TRAINING
PURCHASING POWER
RATE OF RETURN
REPAYMENT
REPAYMENT PERIOD
REPAYMENTS
RESEARCH FINDINGS
RESEARCHERS
RETURNS TO EDUCATION
RISK OF DEFAULT
SAVINGS
SAVINGS ACCOUNT
SAVINGS ACCOUNTS
SCHOLARSHIP
SCHOLARSHIPS
SCHOOL ATTENDANCE
SCHOOL BUILDING
SCHOOL SAVINGS
SCHOOLS
SCIENTIST
SECONDARY EDUCATION
SECONDARY SCHOOL
SECONDARY SCHOOLS
SMALL BUSINESS
SMALL ENTERPRISE
SMALL ENTERPRISES
SOCIAL COHESION
SOCIAL DEVELOPMENT
SOCIAL SECURITY
SOCIAL WELFARE
SOURCES OF FINANCE
STUDENT ACHIEVEMENT
STUDENT AID
STUDENT DEBT
STUDENT FINANCE
STUDENT FINANCIAL AID
STUDENT LOANS
STUDENT POPULATION
SUBSIDIZATION
TAKE-UP RATES
TAX CODE
TAX DEDUCTION
TAX DEDUCTIONS
TAX RATE
TAX REDUCTION
TAXABLE INCOME
TEACHER
TEACHERS
TRAINING ACTIVITIES
TRAINING COSTS
TRAINING COURSES
TRAINING PROGRAM
TRAINING PROGRAMS
TUITION
TUITION FEES
TUITION POLICIES
UNDERGRADUATES
UNEMPLOYED
UNEMPLOYED PEOPLE
UNEMPLOYED PERSONS
UNIVERSITY COLLEGE
VALUATION
VOCATIONAL EDUCATION
VOCATIONAL TRAINING
VOUCHER
VOUCHER PROGRAM
VOUCHERS
WAGE
WAGES
WORKERS
WORTH
YOUNG CHILDREN
YOUNGER WORKERS
author Oosterbeek, Hessel
Patrinos, Harry Anthony
author_facet Oosterbeek, Hessel
Patrinos, Harry Anthony
author_sort Oosterbeek, Hessel
title Financing Lifelong Learning
title_short Financing Lifelong Learning
title_full Financing Lifelong Learning
title_fullStr Financing Lifelong Learning
title_full_unstemmed Financing Lifelong Learning
title_sort financing lifelong learning
publisher World Bank, Washington, DC
publishDate 2008-03
url http://documents.worldbank.org/curated/en/2008/03/9093156/financing-lifelong-learning
https://hdl.handle.net/10986/6495
work_keys_str_mv AT oosterbeekhessel financinglifelonglearning
AT patrinosharryanthony financinglifelonglearning
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spelling dig-okr-1098664952024-08-08T16:44:56Z Financing Lifelong Learning Oosterbeek, Hessel Patrinos, Harry Anthony ACADEMIC PROGRESS ACCESS TO HIGHER EDUCATION ACCESS TO TRAINING ACCESSIBILITY ACCURATE INFORMATION ADMINISTRATIVE COSTS ADMINISTRATIVE RECORDS ADULT LEARNING AGE-EARNINGS AGE-EARNINGS PROFILES ALTERNATIVE FUNDING BANKS BEHAVIORAL ECONOMICS BENEFITS OF INVESTMENT BIASES BORROWER CAPITAL ACCUMULATION CAPITAL MARKET CAPITAL MARKETS CAREER CAREER CHOICE CAREERS CASH PAYMENT CASH TRANSFER CASH TRANSFERS CLASSROOM COLLATERAL COLLECTION AGENCY COLLEGE COSTS COLLEGES COMMUNITY ORGANIZATIONS COMPLETION RATES COMPULSORY EDUCATION COMPULSORY SCHOOLING CONSUMERS CONTINUING EDUCATION CONTRIBUTION CONTRIBUTIONS COST OF LABOR COST SHARING COST-SHARING COSTS OF EDUCATION CURRENT EXPENDITURES CURRENT INCOME DEBT BURDEN DEBT LOADS DEFAULTERS DEPOSIT DEVELOPMENT BANK DISADVANTAGED GROUPS EARLY LEARNING EARNINGS ECONOMIC ANALYSIS ECONOMIC GROWTH ECONOMIC POLICY ECONOMICS OF EDUCATION EDUCATION FINANCE EDUCATION INVESTMENTS EDUCATION SYSTEMS EDUCATIONAL ATTAINMENT EDUCATIONAL OUTCOMES EDUCATIONAL SERVICES ELEMENTARY EDUCATION ELITE UNIVERSITIES EMPLOYEE EMPLOYER EMPLOYERS EMPLOYMENT EMPLOYMENT OUTCOMES ENROLLMENT ENROLLMENT RATES ENROLLMENTS ENTREPRENEURS EQUAL ACCESS EQUAL OPPORTUNITIES EQUALITY EXPENDITURES FINANCIAL ARRANGEMENTS FINANCIAL CONSEQUENCES FINANCIAL INCENTIVES FINANCIAL INSTRUMENT FINANCIAL INSTRUMENTS FINANCIAL MARKETS FINANCIAL REWARDS FIRST HOME FIRST-YEAR UNIVERSITY STUDENTS FORMAL SCHOOLING FURTHER EDUCATION FUTURE EARNINGS FUTURE INCOME GENDER GIRLS GLOBAL KNOWLEDGE GOVERNMENT INTERVENTION GRADUATE TAX GRADUATE TAXES HIGHER EDUCATION HIGHER EDUCATION FUNDING HIGHER EDUCATION STUDENTS HUMAN CAPITAL HUMAN DEVELOPMENT HUMAN RESOURCES INCENTIVE PROGRAM INCOME INCOME CONTINGENT LOANS INCOME TAX INCOMES INDEBTEDNESS INDIVIDUAL RETIREMENT INDIVIDUAL RETIREMENT ACCOUNTS INSTALLMENTS INTEREST RATE INTERNATIONAL BANK INTERVENTIONS INVESTING INVESTMENTS IN EDUCATION JOB TRAINING KNOWLEDGE ECONOMY KNOWLEDGE GAPS LABOR MARKET LABOR MARKETS LENDER LENDERS LEVEL OF EDUCATION LIFELONG LEARNING LIFETIME LITERATURE LOAN LOAN REPAYMENT LOCAL FINANCIAL INSTITUTIONS LOW COST LOW INCOME LOW-INCOME LOW-INCOME FAMILIES MARGINAL TAX RATE MARGINAL TAX RATES MARKET SHARE MORAL HAZARD MORTGAGE MORTGAGE LOANS OLDER WORKERS PAPERS PAYROLL LEVIES POST-SECONDARY EDUCATION POVERTY ALLEVIATION PRIMARY EDUCATION PRIMARY SCHOOL PRIVATE FUNDING PRIVATE TRAINING PROBABILITY PRODUCTIVITY PROSPERITY PROVISION OF INFORMATION PUBLIC EDUCATION PUBLIC GOODS PUBLIC SCHOOLS PUBLIC SUBSIDIES PUBLIC SUBSIDY PUBLIC TRAINING PURCHASING POWER RATE OF RETURN REPAYMENT REPAYMENT PERIOD REPAYMENTS RESEARCH FINDINGS RESEARCHERS RETURNS TO EDUCATION RISK OF DEFAULT SAVINGS SAVINGS ACCOUNT SAVINGS ACCOUNTS SCHOLARSHIP SCHOLARSHIPS SCHOOL ATTENDANCE SCHOOL BUILDING SCHOOL SAVINGS SCHOOLS SCIENTIST SECONDARY EDUCATION SECONDARY SCHOOL SECONDARY SCHOOLS SMALL BUSINESS SMALL ENTERPRISE SMALL ENTERPRISES SOCIAL COHESION SOCIAL DEVELOPMENT SOCIAL SECURITY SOCIAL WELFARE SOURCES OF FINANCE STUDENT ACHIEVEMENT STUDENT AID STUDENT DEBT STUDENT FINANCE STUDENT FINANCIAL AID STUDENT LOANS STUDENT POPULATION SUBSIDIZATION TAKE-UP RATES TAX CODE TAX DEDUCTION TAX DEDUCTIONS TAX RATE TAX REDUCTION TAXABLE INCOME TEACHER TEACHERS TRAINING ACTIVITIES TRAINING COSTS TRAINING COURSES TRAINING PROGRAM TRAINING PROGRAMS TUITION TUITION FEES TUITION POLICIES UNDERGRADUATES UNEMPLOYED UNEMPLOYED PEOPLE UNEMPLOYED PERSONS UNIVERSITY COLLEGE VALUATION VOCATIONAL EDUCATION VOCATIONAL TRAINING VOUCHER VOUCHER PROGRAM VOUCHERS WAGE WAGES WORKERS WORTH YOUNG CHILDREN YOUNGER WORKERS This paper describes and analyzes different financial schemes to promote lifelong learning. Considered are financial instruments to stimulate successful early learning, financial aid schemes and subsidization mechanisms. Theoretical analyses about funding of early learning have mainly focused on vouchers. Yet, the available empirical evidence is more ambiguous about the effects of vouchers than about the effects of conditional cash transfers and financial incentives for pupils and teachers. Positive effects of financial incentives to pupils are not restricted to high ability pupils, as low ability students also seem to benefit. The evidence regarding the effects of subsidy forms is limited. The most prominent knowledge gaps regarding the effects of various financing schemes related to lifelong learning are the effects of vouchers in compulsory education; financial aid schemes for students; and entitlements and individual learning accounts. 2012-05-29T13:07:05Z 2012-05-29T13:07:05Z 2008-03 http://documents.worldbank.org/curated/en/2008/03/9093156/financing-lifelong-learning https://hdl.handle.net/10986/6495 English Policy Research Working Paper; No. 4569 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf text/plain World Bank, Washington, DC