This Paper proposes a theoretical framework that combines the role of education as a cultural melting pot with its … function as an instrument of human capital accumulation. It highlights the important role of public education in promoting … social cohesion: requiring minority parents to pay twice for culturally distinct private education is a powerful incentive …

social spending in favour of the elderly, while potentially sacrificing other publicly provided goods such as education. This … view seems to be supported by recent empirical findings that per child public education spending tends to be lower in US … longevity will lead over time to waning political support for funding of public education? This Paper challenges such …

human capital, because of government’s inability to commit to welfare policies. It then argues that education policies, such … as education subsidies or direct public investment in education, may achieve a second best and also help alleviating the …

theoretical model in which it is positively related to income inequality, more so under weak institutions, and is negatively … informal sector, income inequality, and institutional quality. The results are shown to be robust with respect to a variety of …

This Paper presents theory and evidence on the relationship between inequality and institutional quality. We exhibit a …