Our paper contributes to explore differences in high-education systems, and to highlight the role of competition among tertiary education providers and more generally of tertiary education systems viewed from a general equilibrium perspective to explain changes in returns to skill, wage inequalities and output. An objective function is introduced…

The privatization of public schools in Buenos Aires during the mid-1800s provides a case to test the functioning of educational markets and the relationship between private and public education supply. Private education in Buenos Aires developed within a favorable framework from 1820 to 1860. Privatization produced a competitive environment that…