Riedel, Lukas; Stichnoth, Holger - 2021
consumption expenditure (e.g., education, defense, and the general legal and administrative infrastructure). Because of data … some of the collective consumption expenditure is actually distributed. We focus on public spending on education, which … makes up about 5% of national income in most OECD countries. We find that, in Germany at least, education spending tends to …