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| Author: | Andersson, F. Konrad, K. A. |
| Title: | Human capital investment and globalization in extortionary states |
| Journal: | Journal of Public Economics
2003 : AUG, VOL. 87:7-8, p. 1539-1555 |
| Index terms: | Migration Education Globalization Commitment Income tax |
| Language: | eng |
| Abstract: | This paper considers education investment and public education policy in closed and open economies with an extortionary government. The extortionary government in a closed economy chooses an education policy in order to overcome ahold-up problem of time-consistent taxation similar to benovelent governments. |
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