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Gutierrez-i-Puigarnau, Eva - 2010

A new paradigm for transport economists has been established: revenues of a welfare-maximising road tax should be employed to reduce the level of a distortionary income tax. An essential modelling assumption to reach this conclusion is that the number of workdays is optimally chosen, whereas...

Persistent link: https://www.econbiz.de/10013146827

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

Optimal Redistributive Taxation and Provision of Public Input Goods in an Economy with Outsourcing and Unemployment

Aronsson, Thomas - 2010

This paper concerns optimal redistributive income taxation and provision of a public input good in a two-type model with a minimum wage policy implemented for the low-ability type, where firms may outsource part of the production process abroad, and where outsourcing is substitutable for...

Persistent link: https://www.econbiz.de/10013152608

Outsourcing, Public Input Provision and Policy Cooperation

Aronsson, Thomas - 2010

This paper concerns public input provision as an instrument for redistribution under international outsourcing by using a model-economy comprising two countries, North and South, where firms in the North may outsource part of their low-skilled labor intensive production to the South. We consider...

Persistent link: https://www.econbiz.de/10013149520

Informality and Long-Run Growth

Docquier, Frédéric - 2014

quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor …

Persistent link: https://www.econbiz.de/10013060624

Immigration, Human Capital Formation and Endogenous Economic Growth

Ehrlich, Isaac - 2016

Census data from international sources covering 77% of the world's migrant population indicate that the skill composition of migrants in major destination countries, including the US, has been rising over the last four decades. Moreover, the population share of skilled migrants has been...

Persistent link: https://www.econbiz.de/10013001874

Inequality and Growth : The Role of Human Capital with Heterogeneous Skills

Borissov, Kirill - 2016

We extend the Lucas' 1988 model introducing two classes of agents with heterogeneous skills, discount factors and initial human capital endowments. We consider two regimes according to the planner's political constraints. In the first regime, that we call meritocracy, the planner faces...

Persistent link: https://www.econbiz.de/10012985671

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

A Pigouvian Approach to Congestion in Matching Markets

He, Yinghua - 2019

Recruiting agents, or "programs" costly screen "applicants" in matching processes, and congestion in a market increases … costs can be used as a Pigouvian tax. Higher costs reduce congestion by discouraging applicants from applying to certain … experimental and structural estimates show that a (low) application cost effectively reduces congestion without harming match …

Persistent link: https://www.econbiz.de/10012896762

On Amenities, Natural Advantage and Agglomeration

Krupka, Douglas J. - 2021

and wages move in the same direction under neo-classical assumptions, agglomeration economies in production, congestion in … congestion in production or the agglomeration in consumption models. The micro-economics of such consumption … thus suggest that consumption-oriented agglomeration and congestion should receive more attention in the future …

Persistent link: https://www.econbiz.de/10013325076