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incentives to under-invest in education, whose returns are delayed and less visible to voters. In equilibrium, higher social …
Persistent link: https://www.econbiz.de/10011084642
endogenously acquires more information about his sector of employment. As a result, voters support protectionism, because they … to decline with public information about protection. This paper develops an electoral model with heterogeneously informed … voters which explains both facts and predicts the pattern of trade policy across industries. In the model, each agent …
Persistent link: https://www.econbiz.de/10009399721
I develop a model of ideologies as collectively sustained (yet individually rational) distortions in beliefs concerning the proper scope of governments versus markets. In processing and interpreting signals of the efficacy of public and market provision of education, health insurance, pensions,...
Persistent link: https://www.econbiz.de/10005662410
parties? Democratic theory assumes that offering more information to voters will enhance electoral accountability. However, if … flows of information are necessary, they may be insufficient to improve political accountability, since voters may respond …Does information about rampant political corruption increase electoral participation and the support for challenger …
Persistent link: https://www.econbiz.de/10011084114
We investigate the long term determinants of political and economic outcomes over a new data set composed of Mississippi counties. We analyze the effect of disfranchisement on voting registration at the end of the nineteenth century (1896-9), as well as the impact of voting registration on...
Persistent link: https://www.econbiz.de/10009321839
Government subsidies have provided a major source of funds to private schools in Australia for three decades. The increasing level of private school subsidies since the mid-1970s has contributed to a steady increase in the proportion of students enrolled in private schools. This growth in the...
Persistent link: https://www.econbiz.de/10004970066
is developed to study the Mexican social program Progresa (called now Oportunidades) in which a randomized experiment has …
Persistent link: https://www.econbiz.de/10005504259
Due to the unknown future economic situation of students, private banks are unwilling to provide student loans in the absence of collateral. This market failure requires government intervention to prevent socially sub-optimal and regressive outcomes. Income contingent loans, whose repayment...
Persistent link: https://www.econbiz.de/10009142097
Using comprehensive administrative data on France’s single largest financial aid program, this paper provides new evidence on the impact of large-scale need-based grant programs on the college enrollment decisions, persistence and graduation rates of low-income students. We exploit sharp...
Persistent link: https://www.econbiz.de/10011083852
This proposal involves the establishment of ‘welfare accounts’ for every person in a country. There are four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...
Persistent link: https://www.econbiz.de/10005661484