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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/10009323207
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/10010282647
We analyze how intergenerational mobility and inequality would change relative to the status quo if dynasties had access to optimal insurance against low ability of future generations. Based on a dynamic, dynastic Mirrleesian model, we find that insurance against intergenerational ability risk...
Persistent link: https://www.econbiz.de/10013177714
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/10012179898
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
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
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
could also improve their education outcomes. Given the importance of education for economic development, this link could be … the impact of child health on education outcomes, but there are formidable obstacles to obtaining credible estimates. Data … sources of bias when attempting to estimate relationships between child health and education. This Chapter provides an …
Persistent link: https://www.econbiz.de/10014024664
We study the joint design of nonlinear income and education taxes when the government pursues redistributive objectives … education. Market remuneration of agents depends on both their innate ability type and their educational choices. Our focus is … on income and education and shed light on the reasons for it and mechanisms through which it is done. We show how and why …
Persistent link: https://www.econbiz.de/10013470246
We study the joint design of nonlinear income and education taxes when the government pursues redistributive objectives … education. Market remuneration of agents depends on both their innate ability type and their educational choices. Our focus is … on income and education and shed light on the reasons for it and mechanisms through which it is done. We show how and why …
Persistent link: https://www.econbiz.de/10013390911