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participate; a larger subsidy encourages participation, and a larger income tax discourages it. The parents, prior to making …Altruistic parents, who differ in income, make financial transfers to their children, who differ in ability. The … two policy tools: a subsidy to those who participate in education and a proportional income tax. Not all children …
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In this paper, we analyze how a weighted voting system introduced in 1862, which shifted the distribution of political power from landowners to industrialists at local town meetings, affected investments in local public education. We use an event study design based on a newly constructed panel...
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In an overlapping generations model with two social classes, rich and poor, parents of the different social classes …
Persistent link: https://www.econbiz.de/10012713937
In an overlapping generations model with two social classes, rich and poor, parents of the different social classes …
Persistent link: https://www.econbiz.de/10013317185
participate; a larger subsidy encourages participation, and a larger income tax discourages it. The parents, prior to making …Altruistic parents, who differ in income, make financial transfers to their children, who differ in ability. The … two policy tools: a subsidy to those who participate in education and a proportional income tax. Not all children …
Persistent link: https://www.econbiz.de/10010264363