The multitude of tasks performed in the labor market requires skills in many dimensions. Traditionally, human capital …, and social skills as three important dimensions of basic skills. Recent advances in text analysis of online job postings … skills and earnings, including the matching of skill supply and demand, will enhance our understanding of the role of human …

This paper studies how linear tax and education policy should optimally respond to skill-biased technical change (SBTC … effects due to wage-(de)compression, and iii) education distortions. Analytically, the effect of SBTC on these three … distributional losses, and it increases education distortions. Also, SBTC lowers optimal education subsidies, since SBTC generates …

for both the public pay-as-you-go pension scheme and the public education system. Without labor mobility, each generation … a popular belief that increasing labor mobility decreases the incentives to finance the education of the subsequent …

-aged owning land may gain by providing public education even when they cannot tax the young. This requires that labor is not … mobile. Furthermore, establishing public education may benefit only the generation which pays for education twice, first for …

analyze the provision of public primary education in nineteenth-century Prussia which was characterized by a linguistically … polarized society and a decentralized education system. Using unique county-level data on education spending we show that … border suggest that the relationship can be causally interpreted. Exploiting a reform of education spending, we show that …

This paper considers education investment and public education policy in closed and open economies with an extortionary … government. The extortionary government in a closed economy chooses an education policy in order to overcome a hold-up problem of … time-consistent taxation similar to benevolent governments. The two types of government differ in their education policies …

partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U …-shaped way on education. To maintain a given level of human capital it is shown that a less efficient schooling technology …-tax inequality if it spent more on education. …

in finding a job. Standard models of job search and education assume that skills can be upgraded instantaneously (and … market. At the same time, education is a time-consuming process, and enrolment and dropout decisions depend on expected … mostly in the form of on-the-job training) at a fixed cost. This paper models education as a time-consuming process, a …