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This paper postulates that a country's competitiveness is sticky, i.e. it does not react immediately to changes in … between policy actions and their impact on competitiveness ("pipeline effect"). Second, visible reactions of firms to changes … visible changes in competitiveness, and given that these actions again need time to take effect, reactions are systematically …
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Nineteenth-Century Catholic doctrine strongly opposed state schooling. We show that countries with larger shares of Catholics in 1900 (but without a Catholic state religion) tend to have larger shares of privately operated schools even today. We use this historical pattern as a natural...
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