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Labour Supply and Commuting
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
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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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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
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Growth, Development, and Technological Change
Grossmann, Volker - 2007
The theory of endogenous technical change has deeply contributed to our understanding of the fundamental sources of …
Persistent link: https://www.econbiz.de/10012777881
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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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Innovation, Inequality and a Golden Rule for Growth in an Economy with Cobb-Douglas Function and an R&D Sector
Welfens, Paul J.J. - 2015
The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The combination of a macroeconomic production function and...
Persistent link: https://www.econbiz.de/10013023751
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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
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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
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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
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Low, High and Super Congestion of an Open-Access Natural Resource : The Autarky Case
Schiff, Maurice - 2020
" congestion (LC) – where MC > AC and both increase with output. I identify two additional congestion categories, "high" (HC) and … "super" (SC) congestion – where AC is backward-bending and MC < 0. Using a general equilibrium model, I derive the open …
Persistent link: https://www.econbiz.de/10012823865