, the middle-aged owning land may gain by providing public education even when they cannot tax the young and when the young … face no credit market constraints. This requires that labor is not mobile. Furthermore, establishing public education may … benefit only the generation which pays for education twice, first for itself and then for the next generation. …

systems on individuals incentives to invest in their human capital has not been analyzed. We integrate human capital …

higher education, measured by students enrolled in tertiary education as a share of the working-age population. Based on a … theoretical model, we hypothesize that military draft has a negative effect on education. Empirically, we confirm this for the … in higher education. …

higher education, measured by students enrolled in tertiary education as a share of the working-age population. Based on a … theoretical model, we hypothesize that military draft has a negative effect on education. Empirically, we confirm this for the … in higher education. …

higher education, measured by students enrolled in tertiary education as a share of the working-age population. Based on a … theoretical model, we hypothesize that military draft has a negative effect on education. Empirically, we confirm this for the … in higher education. -- Conscription ; human capital …

higher education, measured by students enrolled in tertiary education as a share of the working-age population. Based on a … theoretical model, we hypothesize that military draft has a negative effect on education. Empirically, we confirm this for the … in higher education. -- conscription ; human capital …

higher education, measured by students enrolled in tertiary education as a share of the working-age population. Based on a … theoretical model, we hypothesize that military draft has a negative effect on education. Empirically, we confirm this for the … in higher education …

higher education, measured by students enrolled in tertiary education as a share of the working-age population. Based on a … theoretical model, we hypothesize that military draft has a negative effect on education. Empirically, we confirm this for the … in higher education. …

higher education, measured by students enrolled in tertiary education as a share of the working-age population. Based on a … theoretical model, we hypothesize that military draft has a negative effect on education. Empirically, we confirm this for the … in higher education …

higher education, measured by the fraction of the working-age population enrolled in tertiary education. Based on a … theoretical model, we hypothesize that a military draft has a negative effect on education. Empirically, we confirm this for the … reduces enrollment in higher education. …