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either a concept-based, general' education or a skill-specific, vocational' education. General education is more costly to … policies favor vocational education will grow slower in equilibrium than one that favors general education. Moreover, the gap … education subsidy policy we demonstrate that the optimal subsidy for general education increases with the growth rate of …
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either a concept-based, general' education or a skill-specific, vocational' education. General education is more costly to … policies favor vocational education will grow slower in equilibrium than one that favors general education. Moreover, the gap … education subsidy policy we demonstrate that the optimal subsidy for general education increases with the growth rate of …
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