defense, education, and infrastructure. To date, empirical work on prioritization has been sparse: available cross …

Formal schooling increases earnings and provides other individual benefits. However, societal benefits of education may … exceed individual benefits. Research finds that increased average education levels in an area are correlated with higher … earnings, even for locals with relatively little education. Science, technology, engineering, and mathematics (STEM) graduates …

heterogenous agents interact through local public goods or externalities (school funding, neighbourhood effects) and economy … particular when comparing local and national funding of education, which correspond to special cases of segregation and …

direct impact on the human capital. We are talking about the education reform and the restructuring of the public sector of …