Showing 1 - 10 of 207
Persistent link: https://www.econbiz.de/10000165151
Persistent link: https://www.econbiz.de/10000165228
Assuming a two-period model with endogenous choices of labour, education, and saving, it is shown to be second-best efficient to deviate from Ramsey's Rule and to distort qualified labour less than nonqualified labour. The result holds for arbitrary utility and learning functions. Efficient...
Persistent link: https://www.econbiz.de/10003818036
Persistent link: https://www.econbiz.de/10003879438
Assuming a two-period model with endogenous choices of labour, education, and saving, it is shown to be second-best efficient to deviate from Ramsey's Rule and to distort qualified labour less than nonqualified labour. Furthermore, if the earnings function displays constant elasticity, the...
Persistent link: https://www.econbiz.de/10003884978
Persistent link: https://www.econbiz.de/10003895377
Persistent link: https://www.econbiz.de/10003409143
Persistent link: https://www.econbiz.de/10003471726
Assuming decreasing returns to education and the endogenous supply of qualified and non-qualified labour it is shown to be efficient to supplement a consumption tax with positive incentives for education. If the return from education is isoelastic and if the choice is between (i) subsidizing the...
Persistent link: https://www.econbiz.de/10003472823
Persistent link: https://www.econbiz.de/10003933242