Showing 1 - 10 of 11
We develop a new model of trade in which educational institutions drive comparative advantage and determine the distribution of human capital within and across countries. Our framework exploits a multiplicity of sectors and the continuous support of human capital choices to demonstrate that...
Persistent link: https://www.econbiz.de/10010886979
We develop a methodology for studying "large deviations type" questions. Our approach does not require that the large deviations principle holds, and is thus applicable to a larg class of systems. We study a system of queues with exponential servers, which share an arrival stream. Arrivals are...
Persistent link: https://www.econbiz.de/10005144565
We develop a methodology for studying ''large deviations type'' questions. Our approach does not require that the large deviations principle holds, and is thus applicable to a larg class of systems. We study a system of queues with exponential servers, which share an arrival stream. Arrivals are...
Persistent link: https://www.econbiz.de/10005136883
We develop a methodology for studying ''large deviations type'' questions. Our approach does not require that the large deviations principle holds, and is thus applicable to a larg class of systems. We study a system of queues with exponential servers, which share an arrival stream. Arrivals are...
Persistent link: https://www.econbiz.de/10011256550
This discussion paper resulted in a publication in the <I>Mathematical Methods of Operations Research</I> (2005). Volume 62, issue 3, pages 467-483.<P> We develop a methodology for studying "large deviations type" questions. Our approach does not require that the large deviations principle holds, and is...</p></i>
Persistent link: https://www.econbiz.de/10011257602
We develop models of optimal linear and non-linear income taxation with endogenous human capital formation to explore optimal education subsidies. Optimal subsidies on education ensure efficiency in human capital accumulation and thus play an important role in alleviating the tax distortions on...
Persistent link: https://www.econbiz.de/10005136992
This paper analyzes optimal linear taxes on capital and labor incomes in a life-cycle
Persistent link: https://www.econbiz.de/10005137319
This paper analyzes optimal linear taxes on capital and labor incomes in a life-cyclemodel of human capital investment, financial savings, and labor supply with heteroge-nous individuals. A dual income tax with a positive marginal tax rate on not onlylabor income but also capital income is...
Persistent link: https://www.econbiz.de/10011257280
We develop models of optimal linear and non-linear income taxation with endogenous human capital formation to explore optimal education subsidies. Optimal subsidies on education ensure efficiency in human capital accumulation and thus play an important role in alleviating the tax distortions on...
Persistent link: https://www.econbiz.de/10011257600
This paper explores the role of pooled-producer, e.g. private label, trade intermediation in shaping the range and diversity of exports. Direct sales maintain a firm's unique product characteristics (`brand equity'), whereas trade through an intermediary can take two forms — either a...
Persistent link: https://www.econbiz.de/10010886970