sometimes be in its interest to democratize by subsidizing education when the economy is closed, incentives to do so disappear …

. However, if factories under communism were so inefficient, why would the education system not have been? Using the education …

’s future income proportionally at all levels of education, leaving the relative return between quality and quantity unaffected …. This result is consistent with historical evidence that longevity began to increase long before education did. Our theory … also casts doubts on recent findings about a positive effect of health on education. This is because health raises the …

The paper studies the optimal education policy of a budget-constrained utilitarian government. Households differ in … information. Households can choose to use private education, but cannot borrow to finance it. The results we obtain are striking …. The optimal education policy is elitist: it increases the spread between the education achievement of the bright and the …

particular when comparing local and national funding of education, which correspond to special cases of segregation and …

education to economic development, this paper examines the performance of the Irish economy in the framework of a model of … relatively low. Possible explanations for this poor performance are explored. Neither the structure of education nor low rates of … returns to the increased investment in education undertaken in recent decades. …