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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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The nineteenth century was a time of substantial changes in the patterns of economic growth and the structure of and allocation of political rights. The concurrence of these changes is not coincidental. We develop a model in which ideological parties representing elites use the allocation of...
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