This paper analyses the contribution of teachers in a public education system and its implication for growth. We focus exclusively on two teacher-specific inputs (teacher quality and teacher quantity), and two student-specific inputs (ability and effort). We argue that all these factors enter...

Conventional wisdom attributes the severity of mortality in poorer countries to widespread poverty and inadequate living conditions. This paper considers the possibility that persistent poverty may arise, in turn, from a high incidence of mortality. Endogenous mortality risk is introduced in a...