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We analyse a model in which families may either be “traditional” single-earner with caring for the child at home or “modern” double-earner households using market child care. Family policies may favour either the one or the other group, like market care subsidies vs. cash for care....
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Does the number of future anticipated children affect educational investment in parents-to-be? In theory, anticipated children can affect the returns to education, the resources available for family consumption, and the incentives for pre-marital investment. Changes in the eligibility criteria...
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The model of liberalisation of European telecommunications markets had followed what has become known as the "ladder of investment" (LoI) hypothesis: under this hypothesis entrants are expected to make progressively greater investments in their own networks, whilst decreasing their dependence on...
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