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Are Education Subsidies an Efficient Redistributive Device?

Dur, Robert A.J.; Teulings, Coen N. - Tinbergen Instituut - 2003

We argue that promoting education may be a means to reduceincome inequality. When workers of different skill levels areimperfect substitutes in production, an increase in the level ofhuman capital in the economy reduces the return to education.Hence, a given compression of after-tax incomes can...

Persistent link: https://www.econbiz.de/10011256508

Capital Market Failure, Adverse Selection and Equity Financing of Higher Education

Jacobs, Bas; Wijnbergen, Sweder J.G. van - Tinbergen Instituut - 2005

We apply theories of capital market failure to ana1yzeoptima1 financing of risky higher education. In the market solution,students can only finance their education through debt. There isunderinvestment in human capita1, because some students with socia1lyprofitable investments in human capita1...

Persistent link: https://www.econbiz.de/10011256826

Subsidizing Enjoyable Education

Dur, Robert; Glazer, Amihai - Tinbergen Instituut - 2005

College education is not only an investment; for many people it also generates consumption benefits. If these benefits are normal goods, then the rich attend college at higher rates than the poor. Furthermore, the marginal poor student is smarter than the marginal rich student. Colleges aiming...

Persistent link: https://www.econbiz.de/10011255683

Gender Differences, HIV Risk Perception and Condom Use

Lammers, Judith; Wijnbergen, Sweder van; Willebrands, Daan - Tinbergen Instituut - 2011

This discussion paper resulted in a publication in <A HREF="http://www.dovepress.com/condom-use-risk-perception-and-hiv-knowledge …-a-comparison-across-sexes-peer-reviewed-article-HIV">'HIV/AIDS - Research and Palliative Care'</A>, 2013, 5, 283-293.<P> We analyze how HIV-knowledge influences condom use across the sexes …. Next to socioeconomic characteristics, the data includes questions on knowledge of the existence of HIV, HIV prevention …

Persistent link: https://www.econbiz.de/10011256016

Human Capital and Optimal Positive Taxation of Capital Income

Jacobs, Bas; Bovenberg, A. Lans - Tinbergen Instituut - 2005

This paper analyzes optimal linear taxes on capital and labor incomes in a life-cyclemodel of human capital investment, financial savings, and labor supply with heteroge-nous individuals. A dual income tax with a positive marginal tax rate on not onlylabor income but also capital income is...

Persistent link: https://www.econbiz.de/10011257280

Heterogeneous Agents, Human Capital Formation and International Income Inequality

Munandar, Haris - Tinbergen Instituut - 2008

The paper examines the effect of heterogeneity in individual human capital formation on cross-country income inequality. It considers a two-country model of overlapping generation heterogeneous economies with the following features: (1) individuals are heterogeneous with respect to inborn...

Persistent link: https://www.econbiz.de/10011261923

Human Capital and Cross-Country Comparison of Inequality

Viaene, Jean-Marie; Zilcha, Itzhak - Tinbergen Instituut - 2002

The paper studies the effects of cross-country differences in the productionprocess of human capital on income distribution and growth. Our overlapping gen-erations economy has the following features: (1) consumers are heterogenous withrespect to parental human capital and wealth; (2)...

Persistent link: https://www.econbiz.de/10011256806

Second-best Urban Tolls in a Monocentric City with Housing Market Regulations

Tikoudis, Ioannis; Verhoef, Erik T.; Ommeren, Jos N. van - Tinbergen Instituut - 2015

This paper investigates second-best congestion pricing in a monocentric city characterized by distortionary, rigid regulatory mechanisms in the housing market (building height restrictions, zoning and property taxation). The Pigouvian toll is shown to retain its optimality under any setting with...

Persistent link: https://www.econbiz.de/10011257458

Returns for Entrepreneurs versus Employees: The Effect of Education and Personal Control on the Relative Performance of Entrepreneurs vis-a-vis Wage Employees

Praag, Mirjam van; Witteloostuijn, Arjen van; Sluis, … - Tinbergen Instituut - 2009

How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...

Persistent link: https://www.econbiz.de/10011256522

If you are so smart, why aren't you an Entrepreneur?

Hartog, Joop; Praag, Mirjam van; Sluis, Justin van der - Tinbergen Instituut - 2008

generates a higher income, but only for entrepreneurs: This finding supports Lazear's Jack-of-all-Trades theory …

Persistent link: https://www.econbiz.de/10011257249

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