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Persistent link: https://www.econbiz.de/10013287618
This paper compares education investment in closed and open economies without government and with a benevolent … that labor mobility is unambiguously beneficial if private insurance for human capital investment is available …
Persistent link: https://www.econbiz.de/10013321040
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This paper compares education investment in closed and open economies without government and with a benevolent … that labor mobility is unambiguously beneficial if private insurance for human capital investment is available. …
Persistent link: https://www.econbiz.de/10011339674
This paper considers education investment and public education subsidies in closed and open economies with an … subsidies vanish and they even have an incentive to prevent individuals from mobility increasing education investment. Tax …
Persistent link: https://www.econbiz.de/10011339679
Incomplete information is a commitment device for time consistency problems. In the context of time consistent labor income taxation privacy can lead to a Pareto superior outcome and increases the effectiveness of public education as a second best policy.
Persistent link: https://www.econbiz.de/10011316909
This paper considers education investment and public education policy in closed and open economies with an extortionary … education efforts vanish; instead they have incentives to prevent individuals from mobility-increasing education investment. Tax …
Persistent link: https://www.econbiz.de/10011409743
Persistent link: https://www.econbiz.de/10003267956