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by the reform significantly increased their education and experienced higher labor income. Our main result is that the …. These results are not driven by the direct impact of education and are not explained by higher turnout, or greater attention …
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by the reform significantly increased their education and experienced higher labor income. Our main result is that the …. These results are not driven by the direct impact of education and are not explained by higher turnout, or greater attention …
Persistent link: https://www.econbiz.de/10012658196
innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …
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We study the formation of a ruling coalition in political environments. Each individual is endowed with a level of political power. The ruling coalition consists of a subset of the individuals in the society and decides the distribution of resources. A ruling coalition needs to contain enough...
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