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What is self-governance, and under what sets of institutions is it possible? We explore this question from the perspective of informal (de facto) constitutionalism. The dominant approach, grounded in formal constitutionalism, overlooks crucial institutional features that determine whether...
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Human capital accumulation and technological change were to the twentieth century what physical capital accumulation was to the nineteenth century -- the engine of growth. The accumulation of human capital accounts for almost 60% of all capital formation and 28% of the per capita growth residual...
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The paper examines the time-series evidence relating to participation rates in further education in England and Wales and, using cointegration analysis, identifies a long-run statistical relationship in the data consistent with an augmented human-capital model. The recent rapid growth of...
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