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We model the teacher-student relationship as an agency problem, where teachers are concerned with human capital formation and students --- ability signaling. The model's distinctive feature is that with grading rules unobservable for the job market the teacher finds grades costless incentives....
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students, online education has become a solution to learning problems. However, online and offline education have their own …
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a big decline of consumption for a period of time. The introduction of education subsidies can bring the economy closer …
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Public Education) for this paper is available at the following URL: http://ssrn.com/abstract=2244608 …
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