Showing 1 - 10 of 44
This Paper examines the education literature through the lens of sorting. It argues that how individuals sort across … neighborhoods, schools and households (spouses), can have important consequences for the acquisition of human capital and inequality …. It discusses the implications of different education finance systems for sorting and analyses the efficiency and welfare …
Persistent link: https://www.econbiz.de/10005123607
If redistribution is distortionary, and if the income of skilled workers is due to knowledge-intensive activities and depends positively on intellectual property, a social planner which cares about income distribution may in principle want to use a reduction in Intellectual Property Rights...
Persistent link: https://www.econbiz.de/10005791837
This paper studies optimal taxation of income and education when employers cannot observe workers' productivity and … workers signal their productivity to firms by choosing both quantity and quality of education. We characterize constrained …. Implementation through income and education dependent taxes is discussed, as well as education mandates. A key insight is that …
Persistent link: https://www.econbiz.de/10014541065
This Paper examines the interactions between household matching, inequality, and per capita income. We develop a model … the equilibrium sorting of spouses by skill type (their correlation in education) is increasing as a function of the skill … initial conditions. The degree of marital sorting, wage inequality, per capita income and fertility differentials are …
Persistent link: https://www.econbiz.de/10005123829
We characterize optimal redistribution in a dynastic family model with human capital. We show how a government can improve the trade-off between equality and incentives by changing the amount of observable human capital. We provide an intuitive decomposition for the wedge between human-capital...
Persistent link: https://www.econbiz.de/10011093683
Persistent link: https://www.econbiz.de/10010512062
In this paper, we examine whether adult education delays retirement and increases labour force participation among the … data from Sweden, we analyse transcripts from adult education for the period 1979-2004 and annual earnings 1982-2004. We … match samples of treated individuals, in adult education 1986-1989, and untreated on the propensity score. The timing of …
Persistent link: https://www.econbiz.de/10010273961
This Paper studies the design of education policies in a setting of successive generations with heterogeneous … individuals (high and low earning ability). Parents’ investment in education is motivated by warm-glow altruism and determines the … probability that a child has high ability. Education policies consist of a subsidy on private educational investments and possibly …
Persistent link: https://www.econbiz.de/10005498169
workers enjoy a better distribution of wages, but the attribution of the gap to wage inequality and human capital …
Persistent link: https://www.econbiz.de/10011310193
This paper shows that countries with high levels of "elitism" in higher-education are the countries displaying high … levels of inequality. In other words, a higher level of "elitism", i.e., large gap in quality of universities, and tight … higher Gini index. This paper shows that the Nordic countries display lower elitism in higher education as well as lower …
Persistent link: https://www.econbiz.de/10012057425