This paper presents a model to explore the welfare effects of the government's choice over two types of public goods provision: domestic regulatory and security spending (adjudication) versus education. Output is a function of physical and social capital, both of which can be heterogeneous...

Over the last two decades there has been a growing debate on the supposedly negative relation between ethnic diversity, public goods production and social cohesion. Despite the amount of evidence, existing in-depth qualitative reviews conclude that the literature is inconclusive. Advancing upon...

The article analyzes the relationship between government policies and social capital development. Policies that promote capital flows and domestic capital development, human development, and gross domestic capital formation positively influence social capital, while those that contribute to...

This paper analyses inclusive growth that focuses on the creation of opportunities for all. Inclusive growth allows people to contribute to and benefit from economic growth, while pro-poor growth approaches focusing on welfare of the poor only to reduce inequality. Recently, economics literature...

Using Queens College (a four-year college in NYC public system) students' survey data from 2022/23, we find that vulnerable students have less social capital in terms of physical order and social support in their neighborhoods. While social capital is directly related to self-reported...