Taxing internationally mobile factors of production has been dismissed as an inefficient means of raising tax revenue. This paper addresses the question of whether it is efficient to tax capital at source when labor markets and the taxation of lumpsum income suffer from imperfections. Four...

The research on earnings determination is based on the Mincer-Becker assumption that individuals decide on schooling by maximizing income. This paper offers an alternative and less restrictive approach based on utility maximization. Using this approach, we analyze the efficiency of education...

Wird in Deutschland zu viel studiert, oder ist die Diskussion über eine vermeintliche Überakademisierung der Gesellschaft verfehlt? Johanna Wanka, Bundesministerin für Bildung und Forschung, unterstreicht, dass es nicht um ein Entweder/Oder geht. Berufliche Bildung und Studium seien...

Taxing internationally mobile factors of production has been dismissed as an inefficient means of raising tax revenue. This paper addresses the question of whether it is efficient to tax capital at source when labor markets and the taxation of lumpsum income suffer from imperfections. Four...