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Optimal taxation of risky human capital
Jacobs, Bas; Schindler, Dirk; Yang, Hongyan - 2009
subsidies. -- Labor taxation ; human capital investment ; education subsidies ; idiosyncratic risk ; risk properties of human …
Persistent link: https://www.econbiz.de/10003806742
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Capital-skill complementarity and the emergence of labor emancipation
Ashraf, Quamrul H.; Cinnirella, Francesco; Galor, Oded; … - 2017
This paper advances a novel hypothesis regarding the historical roots of labor emancipation. It argues that the decline of coercive labor institutions in the industrial phase of development has been an inevitable by-product of the intensification of capital-skill complementarity in the...
Persistent link: https://www.econbiz.de/10011638304
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Manpower constraints and corporate policies
D'Acunto, Francesco; Weber, Michael; Yang, Shuyao - 2020
investment in public and private education for low-skilled workers. …
Persistent link: https://www.econbiz.de/10012313778
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Social security incentives and human capital investment
Igel Lau, Morten; Poutvaara, Panu - 2001
investment and retirement decisions in a simple analytical life-cycle model with full certainty and investigate how different … social security schemes may a¤ect welfare, human capital investment and labor supply. We analyze and compare three different … contributions and benefits increase human capital investment and postpone retirement. …
Persistent link: https://www.econbiz.de/10011398074
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Human capital formation, income inequality and growth
Viaene, Jean-Marie; Zilcha, Itzhak - 2001
parental human capital; (2) intergenerational transfers are accomplished via investment in the education of the younger …
Persistent link: https://www.econbiz.de/10011399283
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Human capital quality and aggregate income differences : development accounting for US states
Hanushek, Eric Alan; Ruhose, Jens; Woessmann, Ludger - 2015
Although many U.S. state policies presume that human capital is important for state economic development, there is little research linking better education to state incomes. In a complement to international studies of income differences, we investigate the extent to which quality-adjusted...
Persistent link: https://www.econbiz.de/10011283829
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Longevity shocks with age-dependent productivity growth
Heijdra, Ben J.; Reijnders, Laurie S. M. - 2015
The aim of this paper is to study the long-run effects of a longevity increase on individual decisions about education and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account. We build a model of a closed economy inhabited by...
Persistent link: https://www.econbiz.de/10010528342
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Human capital mobility : implications for efficiency, income distribution, and policy
Wildasin, David E. - 2014
Mobility of highly-skilled workers affects and is affected by labor market conditions, taxes, and other policies. This paper documents the demographic and fiscal importance of international migration, especially in aging societies, reviews the efficiency and distributional effects of mobility,...
Persistent link: https://www.econbiz.de/10010354844
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The role of human capital and innovation in Prussian economic development
Cinnirella, Francesco; Streb, Jochen - 2013
By merging individual data on valuable patents granted in Prussia in the late nineteenth century with county level information on literacy and income tax revenues we show that increases in the stock of human capital not only improved workers ́productivity but also accelerated innovative...
Persistent link: https://www.econbiz.de/10009792180
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Trade, wage gaps, and specific human capital accumulation
Long, Ngo Van; Riezman, Raymond Glenn; Soubeyran, Antoine - 2003
We develop a new framework for the analysis of the impact of trade liberalization on the wage structure. Our model focuses on the decision of workers to accumulate firm-specific skills, by on-the-job training, knowing that this means their future wages will have to be negotiated, and that the...
Persistent link: https://www.econbiz.de/10011507687