Showing 1 - 10 of 12
Following a seminal contribution by Borjas (1987), a large literature has analyzed how income distribution and redistribution are related to immigration to various rich countries. In this paper, we take a look at the other side of the coin. We analyze emigration from Denmark, which is one of the...
Persistent link: https://www.econbiz.de/10005025603
Altruistic parents may transfer resources to their offspring by providing education, and by leaving bequests. We show … with only intended bequests, by enhancing incentives of parents to invest in their children’s education. This result holds …
Persistent link: https://www.econbiz.de/10005766188
This paper analyzes educational choices and political support for subsidies to higher education in the presence of a … motivates the median voter to obtain higher education. As a result of increasing own income, the median voter prefers in the … future lower taxes than without higher education. Therefore, the expansion of participation in higher education during the …
Persistent link: https://www.econbiz.de/10005094334
Persistent link: https://www.econbiz.de/10005051702
This paper proposes and analyzes a model of a “European economy” with three overlapping generations, redistributive social security, and public universities without tuition. Individuals differ ex ante. The effect of wage tax rate on occupational choice and the voting equilibrium of wage tax...
Persistent link: https://www.econbiz.de/10005181321
While the effect of social security systems on retirement decisions has received much attention, the impact of these systems on individuals’ incentives to invest in their human capital has not been analyzed. We integrate human capital investment and retirement decisions in a simple analytical...
Persistent link: https://www.econbiz.de/10005181353
country with flat-rate benefits may reduce their investment in education. With suitably planned transfers between the two …
Persistent link: https://www.econbiz.de/10005181488
, the middle-aged owning land may gain by providing public education even when they cannot tax the young and when the young … face no credit market constraints. This requires that labor is not mobile. Furthermore, establishing public education may … benefit only the generation which pays for education twice, first for itself and then for the next generation. …
Persistent link: https://www.econbiz.de/10005545929
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/10005406080
-aged owning land may gain by providing public education even when they cannot tax the young. This requires that labor is not … mobile. Furthermore, establishing public education may benefit only the generation which pays for education twice, first for …
Persistent link: https://www.econbiz.de/10005406281