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This paper provides a simple theory to study how the allocation of public funds between primary and higher education affects human capital accumulation. The allocation is endogenously determined through majority voting. Public funding for higher education is not supported when a majority is...
Persistent link: https://www.econbiz.de/10011112285
This paper provides a simple theory to study how the allocation of public funds between primary and higher education affects human cap- ital accumulation. The allocation is endogenously determined through majority voting. Public funding for higher education is not supported when a majority is...
Persistent link: https://www.econbiz.de/10010554711
Persistent link: https://www.econbiz.de/10012126571