TY - BOOK ID - 134130459 TI - Financing Lifelong Learning AU - Oosterbeek, Hessel AU - Patrinos, Harry Anthony PY - 2008 PB - Washington, D.C., The World Bank, DB - UniCat KW - Access to Finance KW - Education KW - Education finance KW - Education for All KW - Effective Schools and Teachers KW - Expenditures KW - Finance and Financial Sector Development KW - Higher education KW - Human Development KW - Income contingent loans KW - Knowledge economy KW - Lifelong Learning KW - Literature KW - Papers KW - Primary Education KW - Teachers KW - Tertiary Education UR - https://www.unicat.be/uniCat?func=search&query=sysid:134130459 AB - 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. ER -