Poutvaara, Panu - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 2002
, the middle-aged owning land may gain by providing public education even when they cannot tax the young and when the young … face no credit market constraints. This requires that labor is not mobile. Furthermore, establishing public education may … benefit only the generation which pays for education twice, first for itself and then for the next generation. …
