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The focus of this paper is the link between income volatility and the accumulation of human capital in the presence of credit constraints. Also, the effect of income inequality on the accumulation of human capital within the same framework is studied
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fiscal deficits in a number of countries. Despite recent major fiscal reforms around the world, many countries suffer from …
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How does volatility under dictatorship affect the likelihood of democratization? Most scholarship focuses on … associated with democratization. This finding holds across several different measures of cabinet volatility and instrumental …
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