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Intra-Household Work Timing : The Effect on Joint Activities and the Demand for Child Care
Klaveren, Chris van - 2011
that spouses jointly spend on leisure, household chores and child care. By using a innovative matching strategy, this study … for childless couples. Work timing also influences the joint time that is spent on household chores, but the effect is …
Persistent link: https://www.econbiz.de/10013125246
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The Effect of Child Care on Family Structure : Theory and Evidence
Bauernschuster, Stefan - 2012
This paper studies the effect of child care provision on family structure. We present a model of a marriage market with positive assortative matching, where in equilibrium the poorest women stay single. Couples have to decide on the number of children and spousal specialization in home...
Persistent link: https://www.econbiz.de/10013108093
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General Education, Vocational Education, and Labor-Market Outcomes Over the Life-Cycle
Hanushek, Eric A. - 2011
Policy debates about the balance of vocational and general education programs focus on the school-to-work transition. But with rapid technological change, gains in youth employment from vocational education may be offset by less adaptability and thus diminished employment later in life. To test...
Persistent link: https://www.econbiz.de/10013119232
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Endogenous Skill Formation and the Source Country Effects of International Labor Market Integration
Egger, Hartmut - 2007
With endogenous skills and given technology, labor market integration necessarily lowers welfare of the left-behind in a poor sending country, even if all agents face identical emigration probabilities. This is in sharp contrast to the case of exogenous skill supply
Persistent link: https://www.econbiz.de/10012776731
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Efficient Subsidization of Human Capital Accumulation with Overlapping Generations and Endogenous Growth
Richter, Wolfram F. - 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/10013146790
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Stay in School or Start Working? - The Human Capital Investment Decision under Uncertainty and Irreversibility
Bilkic, Natasa; Gries, Thomas; Pilichowski, Margarethe - 2021
As the time of leaving school determines the level of academic achievement this timing decision is central for the human capital investment decision. Real option theory offers a new perspective of the human capital investment decision under uncertainty and irreversibility. Unlike other...
Persistent link: https://www.econbiz.de/10013316303
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The Trade-off between Fertility and Education : Evidence from before the Demographic Transition
Becker, Sascha O.; Cinnirella, Francesco; Woessmann, Ludger - 2021
The trade-off between child quantity and education is a crucial ingredient of unified growth models that explain the transition from Malthusian stagnation to modern growth. We present first evidence that such a trade-off indeed existed before the demographic transition, exploiting a unique...
Persistent link: https://www.econbiz.de/10013316317
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Welfare Implications of Public Education Spending Rules
Angelopoulos, Konstantinos; Malley, Jim; … - 2021
In this paper, we quantitatively assess the welfare implications of alternative public education spending rules. To this end, we employ a dynamic stochastic general equilibrium model in which human capital externalities and public education expenditures, financed by distorting taxes, enhance the...
Persistent link: https://www.econbiz.de/10013316419
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Efficient Tax Policy Ranks Education Higher than Saving
Richter, Wolfram F. - 2021
Assuming a two-period model with endogenous choices of labour, education, and saving, it is shown to be second-best efficient not to distort the choice of education. In general this implies distorting the saving decision. Hence a strict order of policy priority is derived. Efficient tax policy...
Persistent link: https://www.econbiz.de/10013316819
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Optimal Taxation, Child Care and Models of the Household
Apps, Patricia F. - 2014
differences, variation in the price of child care and domestic productivity differences as determinants of across-household … heterogeneity in second earner labor supply, and of the resulting relationship between household income and the well-being of … household members. A central result is that taking account of a richer and more realistic specification of household time use …
Persistent link: https://www.econbiz.de/10013059499