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Persistent link: https://www.econbiz.de/10005417477
Under the majority voting rule, a system of universally available vouchers (UV) is politically less feasible than a system of selective vouchers (SV) confined to families with incomes equal to or less than median voter income. After the introduction of UV, public expenditure on education will...
Persistent link: https://www.econbiz.de/10005627008