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Education can generate important externalities that contribute towards economic growth and convergence. In this paper …, we study such externalities and their drivers by conducting the first meta-analysis of the social returns to education …
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We examine how inequality in the endowment of secure wealth, mediated through voluntary public good provision, affects rent-seeking within and between groups. We model a scenario where two communities, each internally differentiated into rich, intermediate and poor segments, contest one another...
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