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We study the evolution of an educational system which is founded on a hierarchical differentiation between technical and general education, with a superior social status attached to general. The resulting dynamic political equilibrium is best summarized by the ratio of vocational to general...
Persistent link: https://www.econbiz.de/10005504686
By choosing their organizations, firms trade-off productive efficiency and time spent in implementing innovation. We …
Persistent link: https://www.econbiz.de/10005067458