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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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Military and defense-related procurement has been an important source of technology development across a broad spectrum … absence of military and defense-related procurement. The book addresses three questions that have significant implications for … of the defense-industrial base preclude military and defense-related procurement from playing the role in the development …
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