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The dominant role played by the state in the financing, regulation, and provision of primary and secondary education reflects the widely-held belief that education is necessary for personal and societal well-being. The economic organization of education depends on political as well as market...
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This Paper proposes a theoretical framework that combines the role of education as a cultural melting pot with its function as an instrument of human capital accumulation. It highlights the important role of public education in promoting social cohesion: requiring minority parents to pay twice...
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We use an OLG model to examine democratic choice between two modes of government support for education: subsidies for privately purchased education and free uniform public provision. We find little conflict between democracy and growth: the same factors that generate popular support for...
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Analysis of the contribution of education to growth through its role in promoting a common culture indicates that when different cultural groups separately determine the social content of their school curricula excessive polarization can result, with less than optimal growth. The optimal...
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