Showing 1 - 7 of 7
skewed. Our best guess of ex ante risk in university education is a coefficient ofvariation of about 0.3, comparable to that …
Persistent link: https://www.econbiz.de/10011335192
College education is not only an investment; for many people it also generates consumption benefits. If these benefits … students, even when the colleges lack market power. Moreover, when the social return to education exceeds the private return …
Persistent link: https://www.econbiz.de/10011343237
This paper analyzes optimal linear taxes on capital and labor incomes in a life-cyclemodel of human capital investment, financial savings, and labor supply with heteroge-nous individuals. A dual income tax with a positive marginal tax rate on not onlylabor income but also capital income is...
Persistent link: https://www.econbiz.de/10011343277
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 …
Persistent link: https://www.econbiz.de/10012404177
Children are increasingly recognized as secondary victims of intimate partner violence. This paper uses a unique UK longitudinal child development survey to study the relationship between verbal and physical abuse experienced by mothers and children's development up to the age of seven....
Persistent link: https://www.econbiz.de/10012237067
unexpectedly increased education attainment as more students chose to complete the next school stage. This impact is almost … labor market opportunity and marriage quality, as measured by bride price received and household bargaining power. We … reduced school costs combined with strongly non-linear returns to female education. …
Persistent link: https://www.econbiz.de/10012237089
We present a theory of human capital, with its two most essential components, health capital and, what we term, skill capital, endogenously determined within the model. Using the theory, and a calibrated version of it, we uncover and highlight an important economic mechanism driving...
Persistent link: https://www.econbiz.de/10013172987