|
V alues | |
|
w+±h |
3:1428 |
|
° e;q |
0:59 |
|
° e;nq |
0:23333 |
The reduction of the cost of education implies a reduction of the non-
qμai...ed Shareofthepopulationi. 11.66% Ofthepopulation consists ofnon-
qu∣ai...edentιepιeneurs⅛, non-qμai...edworke∣'s aιe38.33% . Q uaii...edworkers
areinstead20.5%andquali.edentrepreneurs29,5%. Thedecreaseinthecost
ofeducation has thereforedeterminedan increaseofthequali.ed percentage
ofthe population and a reduction ofthe disproportion among occupational
classes. In particular there has been an increase in the share of quali.ed
workers.
The third scenariocould derive from a simultaneous increase in the cost
ofeducation and a decrease in people’s altruism:
|
P arameters |
V alues |
|
°_ |
(19 |
|
qK |
15 |
|
x |
10 |
|
i |
1:05 |
|
h ~ |
O :9 |
|
w |
1 |
|
± ~ |
4:2857 |
Itfollows:
|
V alues | |
|
w+±h |
4:857 |
|
° e;q |
0:8762 |
|
° e;nq |
0:233 |
Liquidityconstraintsstrengthenbecauseoftheincreaseinthecostofedu-
cation and arean obstacle forthe 90% ofprogenitors. 20.99% ofprogenitors
consists ofnon-quali.ed entrepreneurs and 69% are non-quali.ed workers,
8.7 6% is instead made ofquali.ed entrepreneurs and.nally 1.239 % is com-
posed by quali.ed workers.
The last possible scenario could.nally be brought about by a further
increase in agents’ egoism and from a decrease in the gross return perunit
ofe¢ dency
14