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optimal income tax policy using theory and calibration. A positive association between life expectancy and income counteracts … the well-known static pattern of declining marginal utility. As a result, the mechanical value of redistribution is … effects of the mechanical value of redistribution dominate, and the optimal marginal tax rates fall by up to 10 percentage …
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between income redistribution and two forms of public spending - healthcare and capital investment - are determined through …
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In order to credibly "sell" legitimate children to their spouse, women must forego more attractive mating opportunities. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of human capital accumulation, and the evolution of the...
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This paper develops a theory in which households prepare for future education by adjusting the number of children they …
Persistent link: https://www.econbiz.de/10003921823