This paper analyzes simultaneous voting on the wage tax rate and investment in public education with three overlapping … generations and productivity differences inside each cohort. Wage tax revenue finances public education and social security …, then higher tax rates are associated with more education. Surprisingly, the median voter may be a young citizen even when …

This paper analyzes simultaneous voting on the wage tax rate and investment in public education with three overlapping … generations and productivity differences inside each cohort. Wage tax revenue finances public education and social security …, then higher tax rates are associated with more education. Surprisingly, the median voter may be a young citizen even when …

We analyze a two-period modell where risk-averse students divide their time between risky education, leisure, and work … education and demand for leisure. We drive sufficient conditions for tax competition to lead to too low wage tax rates. We … suggest, that the educated should pay their wage taxes to the region which has financed their education. We show that this …

We analyze a two-period modell where risk-averse students divide their time between risky education, leisure, and work … education and demand for leisure. We drive sufficient conditions for tax competition to lead to too low wage tax rates. We … suggest, that the educated should pay their wage taxes to the region which has financed their education. We show that this …