Richter, Wolfram F. (contributor) - 2008
empirically well-founded Power Law of Learning. -- Endogenous choice of education ; labour and saving ; efficient taxation of …Assuming a two-period model with endogenous choices of labour, education, and saving, it is shown to be second …-best efficient not to distort the choice of education. In general this implies distorting the saving decision. Hence a strict order …