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In an overlapping generations model with two social classes, rich and poor, parents of the different social classes vote on two issues. redistributive policies for them and education investments for their kids.Public education is the engine for growth its effect on human capital; but is also the...
Persistent link: https://www.econbiz.de/10012713937
In an overlapping generations model with two social classes, rich and poor, parents of the different social classes vote on two issues: redistributive policies for them and education investment for their children. Public education is the engine for growth through its effect on human capital; but...
Persistent link: https://www.econbiz.de/10013317185