Borradores de Economia
Number:
965
Published:
Classification JEL:
E58, F31, C22
Keywords:
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
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This Appendix provides a more detailed discussion of the technical results, including proofs of theorems reported in the main paper. For ease of reference notation and de nitions are repeated from the main paper.
