Assuming a two-period model with endogenous choices of labour, education, and saving, it is shown to be second-best efficient not to distort the choice of education. In general this implies distorting the saving decision. Hence a strict order of policy priority is derived. Efficient tax policy...

Assuming a two-period model with endogenous choices of labour, education, and saving, it is shown to be second-best efficient to deviate from Ramsey's Rule and to distort qualified labour less than nonqualified labour. Furthermore, if the earnings function displays constant elasticity, the...

Assuming a two-period model with endogenous choices of labour, education, and saving, efficient education policy is characterized for a Ramsey-like scenario in which the government is constrained to use linear instruments. It is shown that education should be effectively subsidized if, and only...

Mit der Einführung des Gesundheitsfonds und der Gewährung erweiterter Vertragsfreiheiten an die gesetzlichen Krankenkassen ist Deutschland auf einem guten Weg. Die Reform mag in mancher Beziehung nicht weit genug gehen, sie hat aber schon jetzt erkennbar bewirkt, dass sich die Krankenkassen...