Ortega, Javier; Tangeraas, Thomas - C.E.P.R. Discussion Papers - 2003
can speak the same language. The value of trade increases in each participant's level of education. We compare a bilingual … education system, under which the individuals who take education become bilingual, with a unilingual system, under which the … optimal when education levels are centralized. In the decentralized equilibrium, individuals (i) vote over education systems …