not work at all, time spent with children, and child-related expenditures, we find that income risk impacts skill … childhood is hard--as available evidence suggests--uninsurable income risk can negatively impact the labor market prospects of …

Gender differences in health and education are a concern for a number of developing countries. While standard theory …, and difficulty in identifying which of several mechanisms (returns, bargaining power, income, etc.) link the two. To …

our model to study the impacts on skill formation of proposals to switch from progressive taxes to flat income and …

predators. Our theory predicts that, if producers choose choose the amount of guarding against predators, then the well endowed …

distortionary taxation of financial asset income …

The non-existence of credit markets implies that initial income is a determinant of who actually obtains an education …. We consider the outcome of a process in which income is taxed to provide subsidies for education. and taxes are chosen by … majority voting. We characterize the outcome as a function of both the level and the distribution of income in the economy. In …

overall productivity level of the economy. A comprehensive income tax, applying to both labour income and capital income … productivity, the adverse effect of income taxation on human capital investments is significantly magnified …