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insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within … a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also …
Persistent link: https://www.econbiz.de/10010261628
location being determined by the level of education subsidies. For low transport costs, firms agglomerate in one region. We … also identify equilibria with partial agglomeration of firms. Finally, we show that the incentives to subsidy education …
Persistent link: https://www.econbiz.de/10010261642
The paper develops a theoretical framework, and a diagrammatic apparatus, for explaining the supply of child labour. It examines the effect of credit, insurance, and poverty (defined as more than just low income). It also explains bonded child labour, a modern form of slavery closely associated...
Persistent link: https://www.econbiz.de/10010261870
We consider redistributional taxation between people with and without human capital if education is endogenous and if … other people receiving education and increases the quasi rents on their own human capital. It is surprising that this rather …
Persistent link: https://www.econbiz.de/10010262201
difference in favor of father´s education over mother's education. …
Persistent link: https://www.econbiz.de/10010262283
This paper studies how schooling admission tests affect economic performance in an economy where individuals are endowed with both academic and non academic abilities and both abilities matter for labor productivity. We develop a simple model with selective government held schools, where...
Persistent link: https://www.econbiz.de/10010262296
We develop a simple search equilibrium model of workplace training and education based on two features. First …, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with …
Persistent link: https://www.econbiz.de/10010262339
This paper considers education investment and public education subsidies in closed and open economies with an … extortionary government. The extortionary government in a closed economy has incentives to subsidize education in order to overcome … their education policies if highly productive labor is fully mobile. Extortionary governments? incentives for education …
Persistent link: https://www.econbiz.de/10010262447
We examine economic growth, inequality and education when the wellspring of growth is the formation of human capital …
Persistent link: https://www.econbiz.de/10010262545
We study the efficiency and distributional consequences of establishing and abolishing the draft in a dynamic model with overlapping generations, taking into account endogenous human capital formation as well as government budget constraints. The introduction of the draft initially benefits the...
Persistent link: https://www.econbiz.de/10010262660