decentralized education finance and considerable residential mobility, exhibits regressive between-school sorting. Between …

between recruitment of elites and economic growth. The main change that occurred in the way the Western world trained its …

-seeking mainly among the economic and political elite, whereas the middle period exemplifies the “democratization” of rent …

linear labor tax rate and optimal linear education subsidies. The optimal income tax trades off social insurance against … incentives to work and to invest in human capital. Education subsidies are not used for social insurance, but are only targeted … at off-setting the distortions of the labor tax and internalizing a fiscal externality. Both optimal education subsidies …

In this model of education, where individuals are exposed both to educational risk and to wage risk within the skilled … enhancing the quality of education. The necessary expenditures are optimally financed by regressive tuition fees and the net …

Assuming decreasing returns to education and the endogenous supply of qualified and non-qualified labour it is shown to … be efficient to supplement a consumption tax with positive incentives for education. If the return from education is … isoelastic and if the choice is between (i) subsidizing the monetary cost of education and (ii) taxing nonqualified labour income …

in favour of human capital investments. This effect is strengthened when education no longer is a pure investment, but … investments, and it reduces the price of education as a consumption good. By introducing a progressive labour income tax, the …