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Download full textPelkonen, Panu – Centre for the Economics of Education (NJ1), 2009
It is possible that human capital produces positive externalities to the society indirectly, through non-market channels such as health or crime. Another such channel could be the effect of education on the functioning of democratic decision-making. Measures of the functioning of democracy are bound to be controversial, but one such measure--voter…
Descriptors: Evidence, Municipalities, Human Capital, School Restructuring
