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| Tekijä: | Saint-Paul, G. |
| Otsikko: | Endogenous indoctrination: occupational choices, the evolution of beliefs and the political economy of reforms |
| Lehti: | Economic Journal
2010 : MAY, VOL 120:544 p. 325-353 |
| Asiasana: | occupational choice education bias teachers occupations market economy |
| Kieli: | eng |
| Tiivistelmä: | This paper presents a model where workers self-select in the educational occupation in a way which is correlated with their beliefs about the working of the market economy. Teachers have a disproportionate effect on the transmission of beliefs. Therefore, they generate a bias which makes it harder for the population to learn the true parameters of the economy if these are favourable to the market economy. It is shown that both heritability (the weight of the family's beliefs in the determination of the priors of a new generation) and social entropy (how predictable one's occupation is as a function of one's beliefs) reduce this kind of bias. |
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