capital ; labor supply ; retirement ; training ; dynamic complementarity ; inequality ; returns to education ; (non …

This paper comprehensively reviews the developments in the education and labor markets in the Philippines in the past … 25 years. It highlights the trends on how the labor market used educated workers. It also reviews how education has …

This paper considers how optimal education and tax policy depends on the risk properties of human capital. It is … positive or a negative education premium. In the same model a positive intertemporal wedge is optimal. A set of generalizations …, including non-observability of education, non-observability of consumption, and temporal resolution of uncertainty, are then …

This paper comprehensively reviews the developments in the education and labor markets in the Philippines in the past … 25 years. It highlights the trends on how the labor market used educated workers. It also reviews how education has …

This paper considers how optimal education and tax policy depends on the risk properties of human capital. It is … positive or a negative education premium. In the same model a positive intertemporal wedge is optimal. A set of generalizations …, including non-observability of education, non-observability of consumption, and temporal resolution of uncertainty, are then …

Justification for policies to encourage investments in education, particularly for individuals at the lower end of the … potentially loss averse around their expected outcome make risky investments in education and we draw on optimal tax theory to … preferences, standard risk aversion and labour supply behaviour, (ii) the risk properties of education, and (iii) the degree of …