Suppose that appetite for education is uncorrelated across generations: children with a thirst for learning can be
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Suppose that appetite for education is uncorrelated across generations: children with a thirst for learning can be born into families that don’t share that bent, just as readily as a child born into a highly educated family may have no interest in school.
Consider the public good of education from the perspective of students who will use their local education system as a way to invest in their future human capital. What potential implications will a mismatch in parent and student appetite for education have for the efficiency of a Tiebout equilibrium in the funding of schools through local property taxes?
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