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Tax Externalities of Equity Mutual Funds
Shoven, John B. - 2010
capital gain position of the fund. This paper's simulations show that these externalities are important determinants of the …
Persistent link: https://www.econbiz.de/10012763329
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Are There Civic Returns to Education?
Dee, Thomas S. - 2021
these externalities exist. I assess and implement two strategies for identifying the effects of educational attainment. One …
Persistent link: https://www.econbiz.de/10013212878
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Taxes and Capital Formation : How Important is Human Capital?
Whalley, John - 2021
This paper explores how explicit incorporation of human capital affects dynamic general equilibrium analysis of the effects of taxes on capital formation and welfare in a life-cycle growth model. In contrast to the results of partial equilibrium analysis, we find that estimates of the full...
Persistent link: https://www.econbiz.de/10013224952
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Human Capital Externalities in Cities
Moretti, Enrico - 2021
capital spillovers can in theory increase aggregate productivity over and above the direct effect of human capital on … externalities that accrue to local geographic areas. The focus of the paper is on the empirical issues that arise in identifying … these externalities and on the existing empirical evidence on their magnitude. This paper was prepared as a chapter for the …
Persistent link: https://www.econbiz.de/10013229332
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Credit Constraints in Education
Lochner, Lance - 2011
We review studies of the impact of credit constraints on the accumulation of human capital. Evidence suggests that credit constraints are increasingly important for schooling and other aspects of households' behavior. We highlight the importance of early childhood investments, since their...
Persistent link: https://www.econbiz.de/10013120281
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The Production of Human Capital : Endowments, Investments and Fertility
Aizer, Anna - 2012
We study how endowments, investments and fertility interact to produce human capital in childhood. We begin by providing empirical support for two key features of existing models of human capital: that investments and existing human capital are complements in the production of later human...
Persistent link: https://www.econbiz.de/10013100126
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On the Optimal Timing of Benefits with Heterogeneous Workers and Human Capital Depreciation
Shimer, Robert - 2006
This paper studies the optimal timing of unemployment insurance subsidies in a McCall search model. Risk-averse workers sequentially sample random job opportunities. Our model distinguishes unemployment subsidies from consumption during unemployment by allowing workers to save and borrow freely....
Persistent link: https://www.econbiz.de/10012780124
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The Economics and Psychology of Inequality and Human Development
Cunha, Flavio - 2010
Recent research on the economics of human development deepens understanding of the origins of inequality and excellence. It draws on and contributes to personality psychology and the psychology of human development. Inequalities in family environments and investments in children are substantial....
Persistent link: https://www.econbiz.de/10012757918
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Human Capital and Industrialization : Evidence from the Age of Enlightenment
Squicciarini, Mara - 2014
While human capital is a strong predictor of economic development today, its importance for the Industrial Revolution has typically been assessed as minor. To resolve this puzzling contrast, we differentiate average human capital (literacy) from upper-tail knowledge. As a proxy for the...
Persistent link: https://www.econbiz.de/10013052500
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Human Capital and Predation : A Positive Theory of Educational Policy
Grossman, Herschel I.; Kim, Minseong - 2021
predators. Our theory predicts that, if producers choose choose the amount of guarding against predators, then the well endowed …
Persistent link: https://www.econbiz.de/10013221091