Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10010539220
This paper studies the role of family size in the design of optimal income taxation. We consider a second best setting where the government observes the number of children and the income of the parents but not their productivity. With a linear tax schedule the marginal tax rate is shown to...
Persistent link: https://www.econbiz.de/10005169386
Persistent link: https://www.econbiz.de/10005184730
This paper develops a model of inter vivos gifts and bequests in a setting of moral hazard and adverse selection. Altruistic parents do not perfectly know how much effort their children make to earn their living, nor do they know their true level of ability. Inter vivos gifts take place prior to...
Persistent link: https://www.econbiz.de/10005622268
This paper develops a model of inter vivos gifts and bequests in a setting of moral hazard and adverse selection. Altruistic parents do not perfectly know how much effort their children make to earn their living, nor do they known their true level of ability. Inter vivos gifts take place prior...
Persistent link: https://www.econbiz.de/10005622326
This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting where complete specialization is optimal with no divorce risk. Couples can self-insure through savings which offers some protection to the uneducated spouse, but at the expense...
Persistent link: https://www.econbiz.de/10011151123