This paper uses a two-country model with integrated markets for high-skilled labor to analyzethe opportunities and incentives for national governments to provide higher education.Countries can differ in productivity, and education is financed through a wage tax, so thatbrain drain affects the...

Advertisements provide consumers with knowledge about private products, whereas political information is required to provide voters with knowledge of public issues. Modern information technologies and globalization are increasing the exposure of individuals to information. Goods advertising is...