Showing 1 - 10 of 2,456
Persistent link: https://www.econbiz.de/10001611759
The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …
Persistent link: https://www.econbiz.de/10011335189
Using two Dutch labour force surveys, employment assimilation of immigrants is examined. We observe marked differences … irrelevance of education for socio-economic position of immigrants once the country of origin has been controlled for. …
Persistent link: https://www.econbiz.de/10011376490
We argue that promoting education may be a means to reduceincome inequality. When workers of different skill levels … areimperfect substitutes in production, an increase in the level ofhuman capital in the economy reduces the return to education … atrade-off between the distortions of taxes on effort and the distortionsof education subsidies on the investment in human …
Persistent link: https://www.econbiz.de/10011333262
education subsidies and steep tax rates is more likely to prevail the larger the power oftrade unions to set wages, the better … education subsidies and relatively progressive incometaxes is found in countries where union membership is significant and the …
Persistent link: https://www.econbiz.de/10011313934
Persistent link: https://www.econbiz.de/10002026512
We apply theories of capital market failure to ana1yzeoptima1 financing of risky higher education. In the market … solution,students can only finance their education through debt. There isunderinvestment in human capita1, because some … equityfinancing of education coupled to provision of some income insuranceis the optimal way to finance education when private markets …
Persistent link: https://www.econbiz.de/10011343276
optimal education subsidies. Optimal subsidies on education ensure efficiency in human capital accumulation and thus play an … verify all investments in human capital, education policy offsets some but not all tax-induced distortions on learning. Non …-pecuniary educational costs (benefits) may increase (decrease) subsidies on education, especially if they are complementary to work effort. …
Persistent link: https://www.econbiz.de/10011343324
Should education be subsidized for the purpose of redistribution? The usual argument against subsidies to education … above the primary level is that the rich take up most education, so a subsidy would increase inequality. We show that there … 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/10011317437
We study optimal linear income taxation in a model with heterogeneous agents where earnings potentials are endogenously determined through human capital accumulation. Agents differ in initial conditions and ability to learn. Capital market imperfections prevent poor agents to invest optimally in...
Persistent link: https://www.econbiz.de/10011326966