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We construct an overlapping generations model in which parents vote on the tax rate that determines publicly provided education and offspring choose their effort in learning activities. The technology governing the accumulation of human capital allows these decisions to be strategic complements....
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This paper develops a theory of the fertility choice that focus on the shadow price of the quality of children and …
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present a model, a laboratory experiment, and a simple cross-country regression supporting this view. We model an economy with …
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