Assuming decreasing returns to education and the endogenous supply of qualified and non-qualified labour it is shown to be efficient to supplement a consumption tax with positive incentives for education. If the return from education is isoelastic and if the choice is between (i) subsidizing the...

Trends in skill bias and greater turbulence in modern labor markets put wages and employment prospects of unskilled workers under pressure. Weak incentives to utilize and maintain skills over the life-cycle become manifest with the ageing of the population. Reinvention of human capital policies...

Many countries pursue an immigration policy that is targeted at attracting high skilled workers. Borjas (1995) has shown that assuming perfect labor markets immigration leads to a welfare gain for the native population, the so-called immigration surplus. Thus, as the labor market for high...

In Deutschland absolvieren etwa ein Viertel aller Personen mindestens zwei Berufsbildungsschritte. Im Zuge der Analyse steht die Frage im Mittelpunkt, welche Faktoren die Wahl einer Mehrfachqualifikation bedingen. Dabei wird vor allem auf den Einfluss vorangegangener Bildungsentscheidungen...