Showing 1 - 10 of 99
The public health care systems in the Nordic countries provide high quality care almost free of charge to all citizens …. However, social inequalities in health persist. Previous research has, for example, documented substantial educational …
Persistent link: https://www.econbiz.de/10010627563
We formulate a two-period life-cycle model of saving, labor supply, and human capital investments when individuals differ in ability and initial wealth. Borrowing constraints prevent individuals to optimally smooth consumption over the life-cycle and to optimally invest in human capital. We show...
Persistent link: https://www.econbiz.de/10010877891
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 …
Persistent link: https://www.econbiz.de/10005094432
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 …
Persistent link: https://www.econbiz.de/10005181339
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 …
Persistent link: https://www.econbiz.de/10005405816
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 …
Persistent link: https://www.econbiz.de/10005406127
We develop a model of education where individuals face educational risk. Successfully entering the skilled labor sector … depends on individual effort in education and public resources, but educational risk still causes (income) inequality. We show …, because combining skill-specific tuition fees and public education spending provide both insurance and redistribution at lower …
Persistent link: https://www.econbiz.de/10005406331
This paper analyzes a model of corporate tax competition with repeated interaction and with strategic use of profit shifting within multinationals. We show that international tax coordination is more likely to prevail if the degree of asymmetry in terms of productivity differences between...
Persistent link: https://www.econbiz.de/10009020782
it should instead rely on transfers for redistributing income ex post. To this end, we develop a model of education in … a skilled worker depends on individual effort in education and on public resources, but educational risk still causes … of education by public funding of the educational sector has a significant effect and that this increases efficiency in …
Persistent link: https://www.econbiz.de/10009021236
investment in which the government has access to labor taxation, education subsidies and capital taxation. Social insurance is … provided by redistributive labor taxation. Moreover, both education subsidies and capital taxation are used as catalysts to … these two instruments. Relative to capital taxation, optimal education subsidies increase with their relative effectiveness …
Persistent link: https://www.econbiz.de/10008833884