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Are Nash Tax Rates too Low or too High? An Example of the Role of Economic Growth in Models with Public Goods

Philippopoulos, Apostolis; Economides, George - CESifo - 2000

We reconsider the conventional wisdom that, in the presence of public goods and distortionary taxation, Nash tax rates are inefficiently low due to free riding. We use a model in which the public good is natural resources. Specifically, a general equilibrium model of a world economy, in which...

Persistent link: https://www.econbiz.de/10005181430

Education, Unemployment and Migration

Eggert, Wolfgang; Krieger, Tim; Meier, Volker - CESifo - 2007

This paper studies a two-region model in which unemployment, education decisions and interregional migration are … change reduces wages of the unskilled. Both education and migration decisions are distorted by a uniform unemployment …

Persistent link: https://www.econbiz.de/10005405804

Pension, Fertility, and Education

Meier, Volker; Wrede, Matthias - CESifo - 2005

A pay-as-you-go pension scheme is associated with positive externalities of having children and providing them with … education, we discuss internalization policies associated with child benefits in the pension formula. The second-best scheme …

Persistent link: https://www.econbiz.de/10005766193

Human Capital Accumulation and the Macroeconomy in an Ageing Society

Heijdra, Ben J.; Reijnders, Laurie S. M. - CESifo - 2012

How do population ageing shocks affect the long-run macroeconomic performance of an economy? To answer this question we build a general equilibrium overlapping generations model of a closed economy featuring endogenous factor prices. Finitely-lived individuals are endowed with perfect foresight...

Persistent link: https://www.econbiz.de/10010877922

Human Capital Mobility: Implications for Efficiency, Income Distribution, and Policy

Wildasin, David E. - CESifo - 2014

Mobility of highly-skilled workers affects and is affected by labor market conditions, taxes, and other policies. This paper documents the demographic and fiscal importance of international migration, especially in aging societies, reviews the efficiency and distributional effects of mobility,...

Persistent link: https://www.econbiz.de/10010877955

Repeated Selection with Heterogenous Individuals and Relative Age Effects

Dawid, Herbert; Mühlheusser, Gerd - CESifo - 2012

In contexts such as education and sports, skill-accumulation of individuals over time crucially depends on the amount …

Persistent link: https://www.econbiz.de/10010542014

Ageing and Growth in the Small Open Economy

Heijdra, Ben J.; Romp, Ward E. - CESifo - 2006

We construct an overlapping generations model for the small open economy whichincorporates a realistic description of the mortality process. Agents engage in educational activities at the start of life and thus create human capital to be used later on in life for production purposes. Depending...

Persistent link: https://www.econbiz.de/10005094204

Optimal Education with Mobile Capital. An OLG Approach (new title: Optimal Public Education under Capital Mobility)

Viaene, Jean-Marie; Zilcha, Itzhak - CESifo - 2000

education with and without capital markets integration. First, we explore how regimes of education provision - public, private …-run effects of capital markets integration, in equilibrium, on the optimal provision of education and growth. Third, we examine a … competition game where countries compete in the provision of public education. …

Persistent link: https://www.econbiz.de/10005094431

Social Security Incentives and Human Capital Investment

Lau, Morten I.; Poutvaara, Panu - CESifo - 2001

While the effect of social security systems on retirement decisions has received much attention, the impact of these systems on individuals’ incentives to invest in their human capital has not been analyzed. We integrate human capital investment and retirement decisions in a simple analytical...

Persistent link: https://www.econbiz.de/10005181353

You Owe Me

Malmendier, Ulrike M.; Schmidt, Klaus - CESifo - 2012

In many cultures and industries gifts are given in order to influence the recipient, often at the expense of a third party. Examples include business gifts of firms and lobbyists. In a series of experiments, we show that, even without incentive or informational effects, small gifts strongly...

Persistent link: https://www.econbiz.de/10010877662

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