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Persistent link: https://www.econbiz.de/10008516149
In the growth literature, evidence on income convergence is mixed. In the development literature, health and education …
Persistent link: https://www.econbiz.de/10005248134
Persistent link: https://www.econbiz.de/10004095303
This paper examines the allocative implications of progressive income taxation when individuals care about their … relative income. It shows that tax progressivity might improve efficiency, and the more so in egalitarian economies …. Introducing a progressive income tax can yield a Pareto improvement if pre-tax income is evenly distributed. Implementing …
Persistent link: https://www.econbiz.de/10005406276
This paper focuses on two equity dimensions of climate policy, intra- and intergenerational, and analyzes the implications of equity preferences on climate policy, and on the production and consumption patterns in rich and poor countries. We develop a dynamic two-region model, in which each...
Persistent link: https://www.econbiz.de/10010877658
The paper provides a quantitative assessment of social returns to education in Italy. It shows that, after controlling for individual characteristics, local average human capital is positively correlated with individual wages, with estimated social returns between 2 and 3 percent. This result is...
Persistent link: https://www.econbiz.de/10005248310
heterogeneous agents in which altruistic parents make schooling decisions for their children. In the presence of fixed and variable …
Persistent link: https://www.econbiz.de/10005825657
into a middle-income country. The government's strategy in the short term is aimed at strengthening both agriculture and …
Persistent link: https://www.econbiz.de/10005768611
No country has achieved sustained economic development without investment in education. Thus, education policy can play a vital role in facilitating development. But which types of schooling-secondary or tertiary-should public policy promote? This paper develops an analytical framework to...
Persistent link: https://www.econbiz.de/10005599470
This paper analyzes Central America's track record on inequality, poverty, and quality of fiscal adjustment in relation to economic growth; health and education outcomes; adequacy of social safety nets; and governance. It then assesses the degree to which the track record can be traced to...
Persistent link: https://www.econbiz.de/10005604957