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Human capital and optimal redistribution

Koeniger, Winfried; Prat, Julien - 2014

We characterize optimal redistribution in a dynastic family model with human capital. We show how a government can improve the trade-off between equality and incentives by changing the amount of observable human capital. We provide an intuitive decomposition for the wedge between human-capital...

Persistent link: https://www.econbiz.de/10010429793

Human capital and optimal redistribution

Koeniger, Winfried; Prat, Julien - 2014

Persistent link: https://www.econbiz.de/10010440541

Human capital and optimal redistribution : conference paper

Koeniger, Winfried; Prat, Julien - 2014 - Preliminary and incomplete

We show that more human capital improves incentives in a standard optimal taxation problem: common assumptions about preferences and technology imply that the disutility of labor decreases less strongly in unobserved ability if agents have more human capital. Human capital thus reduces the...

Persistent link: https://www.econbiz.de/10010483219

Opportunity and inequality across generations

Koeniger, Winfried; Zanella, Carlo - 2022

is to some extent countered by an increase in the share receiving unemployment insurance benefits, indicating that …

Persistent link: https://www.econbiz.de/10012879620

Opportunity and inequality across generations

Koeniger, Winfried; Zanella, Carlo - 2020

We analyze inequality and mobility across generations in a dynastic economy. Nurture, in terms of bequests and the schooling investment into the next generation, is observable but the draw of nature in terms of ability is hidden, stochastic and persistent across generations. We calibrate the...

Persistent link: https://www.econbiz.de/10012166025

Unemployment compensation finance and labor market rigidity

Cahuc, Pierre; Malherbet, Franck - 2002

The systematic use of experience rating is an original feature of the U.S. unemployment benefit system. In most states …, unemployment benefits are financed by taxing firms in proportion to their separations. Experience rating is a way to require … employers to contribute to the payment of unemployment benefits they create through their firing decisions. It is striking that …

Persistent link: https://www.econbiz.de/10011413529

Unemployment compensation fiannce and labor market rigidity

Cahuc, Pierre; Malherbet, Franck - 2001

Persistent link: https://www.econbiz.de/10001637969

Unemployment compensation finance and labour market rigidity

Cahuc, Pierre - 2002

Persistent link: https://www.econbiz.de/10013268851

Unemployment compensation finance and labour market rigidity

Cahuc, Pierre - 2002

Persistent link: https://www.econbiz.de/10013424105