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committees benefits from voting insincerely accrue not only when a decision maker's vote is pivotal. As the number of voters … increases, the cost of voting insincerely declines in an open committee because the probability of being pivotal declines. This … is not the case in a closed committee where costs and benefits of insincere voting only arise when a voter is pivotal. …
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This paper presents new evidence on the social returns to education within a macroeconomic growth regression framework …. I use improved schooling data and a macro version of the Mincer relationship between education and wages for individual … workers. The results suggest that an increase by one year of the average education level of the labor force would increase …
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Does schooling generate social returns in excess of the private returns captured by the individual who makes the human capital investment? As a strategy to detect human capital externalities I use Dutch survey data to estimate the impact of the average human capital stock in a region on...
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, culture, craft industry, health, education and training, macroeconomic support), taking into account cross-cutting issues …
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