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selection problem on top of the moral hazard problem. We find that for both problems agency costs increase if the business …
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This paper examines student incentives when faced with a college admissions policy which pursues student body diversity. The effect of a diversify-conscious admissions policy critically depends on the design of the policy. If the admissions policy fails to incentivize students from a...
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The total social benefits of college education exceed the private benefits because the government receives a share of the monetary returns in the form of income taxes. We study the policy implications of this fiscal externality in an optimal dynamic tax framework. Using a variational approach we...
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The number of overseas students in China has increased substantially over the last two decades, as has the number of Confucius Institutes (CIs) abroad. Using both official and self-compiled data on CIs abroad, and overseas students in China, by country of origin, we investigate empirically...
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