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Human Capital and Optimal Redistribution
Koeniger, Winfried - 2014
We characterize optimal redistribution in a dynastic family model with human capital. We show how a government can …
Persistent link: https://www.econbiz.de/10013042983
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The Economics of Hypergamy
Almås, Ingvild - 2019
Partner selection is a vital feature of human behavior with important consequences for individuals, families, and society. Hypergamy occurs when a husband's earning capacity systematically exceeds that of his wife. We provide a theoretical framework that rationalizes hypergamy even in the...
Persistent link: https://www.econbiz.de/10012870296
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Education and Growth with Learning by Doing
Marconi, Gabriele - 2015
We develop a general equilibrium overlapping generations model which is based on the view that education makes workers more productive by increasing their ability to learn from work experience, rather than providing skills that directly increase productivity. One important implication of the...
Persistent link: https://www.econbiz.de/10013021942
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Efficient Subsidization of Human Capital Accumulation with Overlapping Generations and Endogenous Growth
Richter, Wolfram F. - 2010
This paper studies second-best policies in an OLG model in which endogenous growth results from human capital accumulation. When young, individuals decide on education, saving, and nonqualified labour. When old, individuals supply qualified labour. Growth equilibria are inefficient in...
Persistent link: https://www.econbiz.de/10013149817
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Immigrant Voters, Taxation and the Size of the Welfare State
Chevalier, Arnaud - 2018
effects on people's preferences for redistribution. In areas with larger inflows in the 1940s, people have substantially … higher demand for redistribution more than 50 years later …
Persistent link: https://www.econbiz.de/10012912247
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Genes, Legitimacy and Hypergamy : Another Look at the Economics of Marriage
Saint-Paul, Gilles - 2009
In order to credibly "sell" legitimate children to their spouse, women must forego more attractive mating opportunities. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of human capital accumulation, and the evolution of the...
Persistent link: https://www.econbiz.de/10013155540
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Dynastic Human Capital, Inequality and Intergenerational Mobility
Adermon, Adrian - 2019
We study the importance of the extended family – the dynasty – for the persistence in inequality across generations. We use data including the entire Swedish population, linking four generations. This data structure enables us to identify parents' siblings and cousins, their spouses, and the...
Persistent link: https://www.econbiz.de/10012870180
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Human Capital and Pensions with Endogenous Fertility and Retirement
Cipriani, Giam; Fioroni, Tamara - 2023
We study an OLG model with child policies and a PAYG pension with endogenous retirement and fertility. The result of the planned economy is compared to the decentralized competitive equilibrium deriving optimal policies. We show that in the presence of a PAYG pension system, the optimal policy...
Persistent link: https://www.econbiz.de/10014356045
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Optimal Wage Redistribution in the Presence of Adverse Selection in the Labor Market
Bastani, Spencer - 2015
In this paper we allude to a novel role played by the non-linear income tax system in the presence of adverse selection in the labor market due to asymmetric information between workers and firms. We show that an appropriate choice of the tax schedule enables the government to affect the wage...
Persistent link: https://www.econbiz.de/10013016339
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Redistribution and Insurance with Simple Tax Instruments
Findeisen, Sebastian - 2015
provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results … bound on optimal taxes: even for welfare functions that do not value redistribution, marginal tax rates are positive for all …
Persistent link: https://www.econbiz.de/10013016371