Showing 1 - 10 of 1,816
In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this …
Persistent link: https://www.econbiz.de/10011409838
way for the government to precommit itself to restraints on future income redistribution. Such precommitment is likely to …
Persistent link: https://www.econbiz.de/10009781704
Education has been one of the key determinants of economic growth around the world since 1965. In this paper, we discuss three different measures of education, and consider their relationship to the distribution of income as measured by the Gini coefficient as well as to economic growth across...
Persistent link: https://www.econbiz.de/10011506215
The paper revisits the debate on trickle-down growth in view of the widely discussed evolution of the earnings and income distribution that followed a massive public expansion of higher education. We propose a dynamic general equilibrium model to dynamically evaluate whether economic growth...
Persistent link: https://www.econbiz.de/10010417999
This paper considers an optimal income tax cum higher educationpolicy.It shows that in the presence of an optimal income tax systemhigher education should be taxed rather than subsidized.Furthermore, income taxes should become less progressive whenan optimal higher education policy is introduced.
Persistent link: https://www.econbiz.de/10011399548
Should education be subsidized for the purpose of redistribution? The usual argument against subsidies to education … the absence of a strive for redistribution, the market generates the efficient level of investment in human capital. When … there is a demand for redistribution, the general equilibrium effects on relative wages might make a subsidy to education an …
Persistent link: https://www.econbiz.de/10011400867
We analyze whether globalization affects the composition of public expenditures for education by integrating arguments from the Heckscher-Ohlin and the tax competition literature into a common theoretical framework. The model suggests that with increasing global integration, developing countries...
Persistent link: https://www.econbiz.de/10003928775
Recent criticism from different sides has expressed the view that, with scarce resources, there is little justification for massive public funding of higher education. Central to the debate is the conjecture that colleges and universities use their resources inefficiently and focus...
Persistent link: https://www.econbiz.de/10009310143
This paper analyzes the roles of innate talent versus family background in shaping intergenerational mobility and social welfare under different education systems. We establish an overlapping-generations model in which the allocation of workforce between a high-paying skilled labor sector and a...
Persistent link: https://www.econbiz.de/10012258519
Decisions about admission to selective schools usually rely on performance measures. To reach a required achievement threshold students may make use of additional resources, such as private tutoring. We investigate how the use of private tutoring relates to the transition probability to an...
Persistent link: https://www.econbiz.de/10013419362