We study a setting with search frictions in the marriage market and with incomplete contracting inside the family …

This paper considers education investment and public education subsidies in closed and open economies with an … extortionary government. The extortionary government in a closed economy has incentives to subsidize education in order to overcome … their education policies if highly productive labor is fully mobile. Extortionary governments' incentives for education …

This paper considers education investment and public education policy in closed and open economies with an extortionary … government. The extortionary government in a closed economy chooses an education policy in order to overcome a hold-up problem of … time-consistent taxation similar to benevolent governments. The two types of government differ in their education policies …

We consider redistributional taxation between people with and without human capital if education is endogenous and if … other people receiving education and increases the quasi rents on their own human capital. It is surprising that this rather …