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This paper studies households' expenditure on the education of children in China's cities to assess how internal migrant families' investment in the human capital of their offspring differs from that of local urban families. The private education-related expenditure reflects both households'...
Persistent link: https://www.econbiz.de/10015196514
Purpose The authors characterize the conditions under which a country may eventually split and when it splits within an infinite horizon multi-stage differential game. Design/methodology/approach In contrast to the existing literature, the authors do not assume that after splitting, players will...
Persistent link: https://www.econbiz.de/10014517741