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In an environment where children's time has an economic value and employment opportunities for educated workers are scarce, parental investments in their children's education may not be driven entirely by poverty and credit constraints. We offer evidence that children's participation in child...
Persistent link: https://www.econbiz.de/10005556051
We analyze the topical question of how the compensation of elected politicians affects the set of citizens choosing to run. To this end, we develop a sparse and tractable citizen-candidate model of representative democracy with ability differences, informative campaigning and political parties....
Persistent link: https://www.econbiz.de/10005560979
patent system that simultaneously increases knowledge spillovers and eliminates collusion …
Persistent link: https://www.econbiz.de/10005134445
This paper presents the stylized facts of open source software innovation and provides empirical evidence on the impact … formal model that captures the innovation impact of OSS entry by examining a change in market structure from monopoly to …
Persistent link: https://www.econbiz.de/10005412869