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The growth–distribution nexus in a mixed regime of education with a status motive: On the macroeconomics of the welfare state (2015)
Journal Article

We develop a growth model with human capital accumulation to study the effects of status-driven motivation on individuals' choice between public or private education. This choice interacts with and exacerbates the effects of status, with implications... Read More about The growth–distribution nexus in a mixed regime of education with a status motive: On the macroeconomics of the welfare state.