individual preferences and enjoy positive leisure-dependent externalities. For instance, a global sociological change where the …

This paper considers education investment and public education subsidies in closed and open economies with an … extortionary government. The extortionary government in a closed economy has incentives to subsidize education in order to overcome … their education policies if highly productive labor is fully mobile. Extortionary governments' incentives for education …

We examine economic growth, inequality and education when the wellspring of growth is the formation of human capital …