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This paper analyzes educational choices and political support for subsidies to higher education in the presence of a time-consistency problem in income redistribution. There may be political support for so generous subsidization that it motivates the median voter to obtain higher education. As a...
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This paper proposes and analyzes a model of a European economy with three overlapping generations, redistributive social security, and public universities without tuition. Individuals differ ex ante. The effect of wage tax rate on occupational choice and the voting equilibrium of wage tax rate...
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Are migrants self-selected and sorted according to their views about what constitutes a fair level of redistribution? A major challenge in answering this question is that fairness concerns and self-interest are intertwined. We present a theoretical framework that allows us to test whether...
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