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We draw a distinction between the social integration and economic assimilation of migrants, and study an interaction between the two. We define social integration as blending into the host countryś society, and economic assimilation as acquisition of human capital that is specific to the host...
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extent of redistribution. In this setting, trade liberalization is politically viable as long as the losers from trade are … may be limited political support for redistribution, and those who are left behind by globalization - namely unskilled … - by favoring the ascent of the educated class and thus eroding the political support for redistribution - may ultimately …
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We characterize optimal redistribution in a dynastic family model with human capital. We show how a government can …
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We show that more human capital improves incentives in a standard optimal taxation problem: common assumptions about preferences and technology imply that the disutility of labor decreases less strongly in unobserved ability if agents have more human capital. Human capital thus reduces the...
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efficient allocations and derive conditions under which there is predistribution, i.e., redistribution through wage compression …
Persistent link: https://www.econbiz.de/10014490255
We characterize optimal redistribution in a dynastic family model with human capital. We show how a government can …
Persistent link: https://www.econbiz.de/10010440541