resource windfalls affect equilibrium factor shares. The theory suggests that the response of factor shares to exogenous …

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 …

of unequal education. We document large achievement gaps between children from different socio-economic backgrounds, show … acquisition and investment in human capital. The models account for different channels underlying unequal education and highlight … summarize early evidence on the impact of the pandemic on children's education and on possible long-run repercussions for …