This paper discusses how the analysis of the role and impact of the welfare state has evolved over time in the economic literature. We stress the change in focus from the insurance to the redistributive role and we try to assess whether the dominant view according to which the welfare state is...

In this paper we address the following four questions: is it reasonably correct to assume that the government is benevolent and competent? Has state intervention through taxation and transfers negative effects on individual incentives? In a context of limited information, are political failures...

The paper characterizes the optimal tax policy and the optimal quality of day care services in a OLG model with warm-glow altruism where parental choices over child care arrangements affect the probability that the child becomes a high-skilled adult in a type-speciffc way. With respect to...

We empirically investigate the determinants of the female decision of investing in post secondary education, focusing on the role played by the context where young women take their education decision. We first develop a stylized two-period model to analyze the female decision of investing in...