Dias, Joilson; Tebaldi, Edinaldo - In: Structural Change and Economic Dynamics 23 (2012) 3, pp. 300-312
This paper contributes to the debate on the relationship between human capital, institutions, and economic growth. The … paper first develops a micro-foundation model linking institutions to human capital. The advantage of our modeling strategy … improvements in the quality of institutions foster human capital accumulation, decrease income inequality and change the historical …