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The family is a key socio-economic unit in society. The nature of its organization is shaped by cultural values and gender norms that change slowly over time. This implies that history matters in the sense that social institutions (e.g. the family, values, norms) tend to reproduce themselves...
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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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