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Maddison's international panel data show that technically it was the faster growth rate of the US economy that led to its overtaking the UK as economic superpower. We explore the contributing factors. Identifying the land-grant colleges system triggered by the 1862/1890 Morrill Acts (MAs) as a...
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Since the birth of industrialization and nation-states, education has been seen as a power and a vehicle which shapes society and people, also it provides economic and social development. Well-educated people in society are seen as more successful and productive. Societies which have power of...
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matters as income inequality, social mobility, and diversity. This book provides the theoretical framework necessary for … understanding the political economy of education — the complex relationship of education, economic growth, and income distribution … distribution, the authors lay the theoretical groundwork for the main body of analysis. First they develop a basic static model of …
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We explore whether early childhood human-capital investments are complementary to those made later in life. Using the Panel Study of Income Dynamics, we compare the adult outcomes of cohorts who were differentially exposed to policy-induced changes in pre-school (Head Start) spending and...
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