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produced children is the same as among their parents. In such a society, cloning has disappeared. If the distribution of genes …
Persistent link: https://www.econbiz.de/10010262438
production is affected by 'home-education' , provided bythe parents, as well as 'public-education , which is provided equally to …
Persistent link: https://www.econbiz.de/10010324875
across all universities. Using census data, we find that parents who reached college age shortly after 1973 experienced a …
Persistent link: https://www.econbiz.de/10014480438
This paper examines the role of public education in the context of parental migration, and it studies the effects of an expansive income tax policy that is adopted to increase public education expenditure per pupil. It is shown that such a policy may exacerbate income inequality in the long run...
Persistent link: https://www.econbiz.de/10010269791
This paper develops a new methodology to analyze how parents in Rajasthan, India make choices about their daughters …' schooling and marriage. We specify a dynamic discrete choice model in which parents face uncertainty about the quality of their … daughter's future marriage offers. Parents' choices are thus partially driven by their beliefs about the likelihood of …
Persistent link: https://www.econbiz.de/10014480381
I study a model where Information Technology, while typically increasing overall inequality, is likely to harm some people at intermediate and high levels of the distribution of income but to benefit people at the bottom. Within a given occupation it may harm some workers while benefitting...
Persistent link: https://www.econbiz.de/10010262486
two decades. Theory and subsequent empirical evidence have demonstrated that income distribution has a significant impact …
Persistent link: https://www.econbiz.de/10010284077
This paper reviews Jacob Mincer?s contributions to the analyses of earnings and the distribution of earnings through his pioneering focus on labor market experience or on-the-job training. It begins with a brief discussion of the theoretical literature on the distribution of earnings in the...
Persistent link: https://www.econbiz.de/10010261574
Education decisions determine a great part of future income. This paper argues that if education is financed by parents …' current income a lump-sum tax reduces inequality if all parents have strict investment incentives. However, if some parents … schooling. Under strict incentives social mobility is not affected, but it increases if skilled parents have weak incentives and …
Persistent link: https://www.econbiz.de/10010276587
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