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Occupational upgrading, social inclusion and collective skill formation in the transition to the knowledge economy

Durazzi, Niccolo; Tonelli, Simone - 2024

Collective skill formation systems were central to sustaining a high-road approach to economic development in industrial societies while maintaining social inclusion. But can they still deliver in knowledge-based societies, both economically and socially? This article argues that nothing...

Persistent link: https://www.econbiz.de/10015054229

The Elusive Concept of Immigrant Quality: Evidence from 1970-1990

Duleep, Harriet Orcutt; Regets, Mark C. - 2002

The labor market "quality" of immigrants is a subject of debate among immigration researchers, and a major public policy concern. However, traditional methods of measuring human capital are particularly difficult to apply to recently arrived immigrants. Many factors that have a negative effect...

Persistent link: https://www.econbiz.de/10010262373

Optimal taxation of risky human capital

Jacobs, Bas; Schindler, Dirk; Yang, Hongyan - 2009

In a model with ex-ante homogenous households, earnings risk and a general earnings function, we derive the optimal linear labor tax rate and optimal linear education subsidies. The optimal income tax trades off social insurance against incentives to work and to invest in human capital....

Persistent link: https://www.econbiz.de/10010264542

The risk-return trade-off in human capital investment

Christiansen, Charlotte; Schrøter Joensen, Juanna; … - 2006

In this paper we analyze investments in human capital assets in a way which is standard for financial assets, but not (yet) for human capital assets. We study mean-variance plots of human capital assets. We compare the properties of human capital returns using a performance measure and by using...

Persistent link: https://www.econbiz.de/10010276649

Human Capital Formation, Income Inequality and Growth

Viaene, Jean-Marie; Zilcha, Itzhak - 2001

The paper studies the determinants of income distribution and growth in an overlapping generations economy withheterogenous households. Our framework has the following main features:heterogeneity of consumers with respect to wealth and parental human capital;intergenerational transfers,...

Persistent link: https://www.econbiz.de/10010324875

Capital Market Failure, Adverse Selection and Equity Financing of Higher Education

Jacobs, Bas; van Wijnbergen, Sweder J.G. - 2005

We apply theories of capital market failure to ana1yzeoptima1 financing of risky higher education. In the market solution,students can only finance their education through debt. There isunderinvestment in human capita1, because some students with socia1lyprofitable investments in human capita1...

Persistent link: https://www.econbiz.de/10010325581

Humankapital und Wirtschaftswachstum in den Regionen der EU

Dreger, Christian; Erber, Georg - In: DIW Wochenbericht 75 (2008) 29, pp. 402-408

Wissensgesellschaft zu einem entscheidenden Faktor für den wirtschaftlichen Erfolg geworden. Die Wachstumsperspektiven von Ländern und … Regionen hängen in hohem Maße von ihrer Ausstattung mit Humankapital ab. Die hier präsentierten Daten zur regionalen Verteilung … von Humankapital innerhalb der EU-Mitgliedsländer zeigen einen deutlichen Zusammenhang zwischen der …

Persistent link: https://www.econbiz.de/10011601847

Optimal redistributive tax and education policies in general equilibrium

Jacobs, Bas - 2007

Should a redistributive government optimally subsidize education to provoke a reduction in the skill premium through general equilibrium effects on wages? To answer this question, this paper studies optimal linear and non-linear redistributive income taxes and education subsidies in two-type...

Persistent link: https://www.econbiz.de/10010264262

Ethnic competition and specialization

Kahanec, Martin - 2007

Are ethnic specialization and thus a downward sloping labor demand curve fundamental features of labor market competition between ethnic groups? In a general equilibrium model, this paper argues that spillover effects in skill acquisition and social distances between ethnic groups engender...

Persistent link: https://www.econbiz.de/10010268355

Human capital externalities with monopsonistic competition

Kaas, Leo - 2008

This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model of monopsonistic competition. Multiple equilibria arise because of a strategic complementarity in investment decisions.

Persistent link: https://www.econbiz.de/10010268776

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