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This paper examines the relationship between ethnic composition, political regimes, and the quality of public policy. Specifically, based on the citizen-candidate model, we assume individuals who have heterogeneous policy preferences and investigate how ethnic diversity affects selection of a...
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This paper presents a numerical examination of sustainability from the perspective of 'genuine savings', using a dataset provided by the World Bank. Unlike previously-used criteria of sustainability that focus on observed paths of genuine savings rates, we consider future sustainability by...
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