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How Do Income and Bequest Taxes Affect Income Inequality? The Role of Parental Transfers
Ho, Chih-Chin; Lin, Ching-Yang; Tang, Cheng-Tao - Graduate School of International Relations, … - 2013
This paper studies how income and bequest taxes affect income inequality. We firstly explore this relationship empirically using a panel of 20 OECD countries from 1980 to 2008. The data shows that an increase of income taxation tends to strengthen income inequality, while the inequality effect...
Persistent link: https://www.econbiz.de/10010693391
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Poverty, human capital, life-cycle and the tax and transfer bases : the role of education for development and international competition
Petersen, Hans-Georg - 2011
revenue, which is spent for public goods (including education) and transfers (for poverty reduction). The efficient design of … the education system (by private and public education investments) determines the quality of the human capital stock as … consumption and saving. An efficient tax and transfer system being accompanied by an education system financed in public private …
Persistent link: https://www.econbiz.de/10009356993
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Opportunity and inequality across generations
Koeniger, Winfried; Zanella, Carlo - 2022
We evaluate a temporary public sector employment program targeted at individuals with weak labor market attachment, applying dynamic inverse probability weighting to account for dynamic selection. We show that the program is successful in increasing employment and reducing social assistance....
Persistent link: https://www.econbiz.de/10012879620
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Opportunity and inequality across generations
Koeniger, Winfried; Zanella, Carlo - 2020
We analyze inequality and mobility across generations in a dynastic economy. Nurture, in terms of bequests and the schooling investment into the next generation, is observable but the draw of nature in terms of ability is hidden, stochastic and persistent across generations. We calibrate the...
Persistent link: https://www.econbiz.de/10012166025
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Within-the-Family Education and its Impact on Equality
Nordblom, Katarina - 2001
This is a theoretical study of human-capital accumulation, where parental, as well as public investments are essential. Policy influence rich and poor parents differently when they make educational decisions. Rich parents allocate resources efficiently between physical bequests and educational...
Persistent link: https://www.econbiz.de/10010321766
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Investing in Infants : The Lasting Effects of Cash Transfers to New Families
Barr, Andrew C.; Eggleston, Jonathan; Smith, Alexander A. - National Bureau of Economic Research - 2022
We provide new evidence that cash transfers following the birth of a first child can have large and long-lasting effects on that child's outcomes. We take advantage of the January 1 birthdate cutoff for U.S. child-related tax benefits, which results in families of otherwise similar children...
Persistent link: https://www.econbiz.de/10013362027
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Within-the-Family Education and its Impact on Equality
Nordblom, Katarina - Nationalekonomiska Institutionen, Uppsala Universitet - 2001
This is a theoretical study of human-capital accumulation, where parental, as well as public investments are essential. Policy influence rich and poor parents differently when they make educational decisions. Rich parents allocate resources efficiently between physical bequests and educational...
Persistent link: https://www.econbiz.de/10005771030
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Within-the-family education and its impact on equality
Nordblom, Katarina - EconWPA - 2001
This is a theoretical study of human-capital formation, where parental, as well as public investments are essential. Policy influence rich and poor parents differently when they make educational decisions. Rich parents allocate resources efficiently between physical bequests and educational...
Persistent link: https://www.econbiz.de/10005125917
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Within-the-family education and its impact on equality
Nordblom, Katarina - 2001
This is a theoretical study of human-capital accumulation, where parental, as well as public investments are essential. Policy influence rich and poor parents differently when they make educational decisions. Rich parents allocate resources efficiently between physical bequests and educational...
Persistent link: https://www.econbiz.de/10011587799
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The accumulation of human and market capital in the United States: the long view, 1948-2013
Fraumeni, Barbara M.; Christian, Michael S.; Samuels, Jon D. - 2020
period, first the post-World War baby boom and then the substantial increase in education led to higher economic growth than … otherwise expected. As the pace of increase in education slowed and the workforce aged toward the end of the period, human …
Persistent link: https://www.econbiz.de/10012213777