Showing 1 - 4 of 4
One theory for why there is a strong education gradient in health outcomes is that more educated individuals more … parents decreased significantly faster than that by less educated parents, turning a significant positive education gradient …
Persistent link: https://www.econbiz.de/10013325082
This paper considers how optimal education and tax policy depends on the risk properties of human capital. It is … positive or a negative education premium. In the same model a positive intertemporal wedge is optimal. Aset of generalizations …, including non-observability of education, non-observability of consumption, and temporal resolution of uncertainty, are then …
Persistent link: https://www.econbiz.de/10005766081
This paper uses a particular school exit rule previously in effect in England and Wales that allowed students born within the first five months of the academic year to leave school one term earlier than those born later in the year. Focusing on women, we show that those who were required to stay...
Persistent link: https://www.econbiz.de/10008572507
Justification for policies to encourage investments in education, particularly for individuals at the lower end of the … potentially loss averse around their expected outcome make risky investments in education and we draw on optimal tax theory to … preferences, standard risk aversion and labour supply behaviour, (ii) the risk properties of education, and (iii) the degree of …
Persistent link: https://www.econbiz.de/10011103402