Berdugo, Binyamin; Meir, Uri - Volkswirtschaftliche Fakultät, … - 2009
This paper studies the role of education as a way of reducing private rent seeking activities and increasing output. In … many underdeveloped economies, for most individuals, there is no private return to education. Nonetheless, according to … this paper, governments are better off by investing in public education. We view education as a means to build personal …