Narrow search
Showing 1 - 10 of 169
Cover Image
Efficient subsidization of human capital accumulation with overlapping generations and endogenous growth
Richter, Wolfram F.; Braun, Christoph - 2010
This paper studies second best policies for education, saving, and labour in an OLG model in which endogenous growth results from human capital accumulation. Government expenditures have to be financed by linear instruments so that growth equilibria are inefficient. The inefficiency is...
Persistent link: https://www.econbiz.de/10010270495
Cover Image
Optimal redistributive tax and education policies in general equilibrium
Jacobs, Bas - 2007
Should a redistributive government optimally subsidize education to provoke a reduction in the skill premium through general equilibrium effects on wages? To answer this question, this paper studies optimal linear and non-linear redistributive income taxes and education subsidies in two-type...
Persistent link: https://www.econbiz.de/10010264262
Cover Image
Tax effects, search unemployment, and the choice of educational type
Alstadsæter, Annette; Kolm, Ann-Sofie; Larsen, Birthe - 2005
This paper examines the effect of taxes on the individuals? choices of educational direction, and thus on the economy's skill composition. A proportional labour income tax induces too many workers with high innate ability to choose an educational type with high consumption value and low effort...
Persistent link: https://www.econbiz.de/10010270561
Cover Image
The case for a progressive tax: From basic research to policy recommendations
Diamond, Peter A.; Saez, Emmanuel - 2011
This paper presents the case for tax progressivity based on recent results in optimal tax theory. We consider the …
Persistent link: https://www.econbiz.de/10010277417
Cover Image
Relative consumption and tax evasion
Goerke, Laszlo - 2013
Relative consumption effects or status concerns that feature jealousy (in the sense of Dupor and Liu, AER 2003) boost consumption expenditure. If consumption is financed by labour income, such status considerations increase labour supply and, hence, the tax base. A higher taxable income, in...
Persistent link: https://www.econbiz.de/10010291499
Cover Image
Pawns and Queens Revisited : public provision of private goods when individuals make mistakes
Pirttilä, Jukka; Tenhunen, Sanna - 2005
This paper analyses the optimal tax policy and public provision of private goods when individuals differ in two respects: income-earning ability and rationality. Publicly provided goods should be overprovided or subsidised, relative to the decentralised optimum, if society's marginal valuation...
Persistent link: https://www.econbiz.de/10010261191
Cover Image
Insuring educational risk: opportunities versus income
Schindler, Dirk; Weigert, Benjamin - 2008
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 … in a Second-best setting. Contrary to standard models of income risk, it is not optimal to use a proportional wage tax …
Persistent link: https://www.econbiz.de/10010264398
Cover Image
Shutting the stable door after the horse has bolted? On educational risk and the quality of education
Schindler, Dirk; Weigert, Benjamin - 2011
which individuals face educational risk and wage dispersion across two types of skills. Successful graduation and working as … a skilled worker depends on individual effort in education and on public resources, but educational risk still causes …
Persistent link: https://www.econbiz.de/10010274838
Cover Image
Optimal policy and the risk properties of human capital reconsidered
Anderberg, Dan - 2008
This paper considers how optimal education and tax policy depends on the risk properties of human capital. It is … demonstrated that a key feature of human capital investments is whether they increase or decrease wage risk. In a benchmark model …
Persistent link: https://www.econbiz.de/10010264479
Cover Image
Should we subsidize longevity?
Leroux, Marie-Louise; Pestieau, Pierre; Ponthiere, Grégory - 2009
This paper studies the design of the optimal non linear taxation in an economy where longevity varies across agents, and depends on three factors: longevity genes, health investment and farsightedness. Provided earnings, farsightedness and genes are correlated, governmental intervention can be...
Persistent link: https://www.econbiz.de/10010264609