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This paper seeks to advance our understanding of the drop-out behavior of students in higher education. Our results are based on longitudinal data for 7000 students who embarked on short and long programs from one university in Spain and who were observed over an eight-year period ending in...
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This article proposes an approach to answering two questions: first, does investment in education help growth; second, does the allocation of investment in education matter? I develop a model where individual ability is heterogeneous and education both ...
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