Poutvaara, Panu - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 1999
We analyze a two-period modell where risk-averse students divide their time between risky education, leisure, and work … education and demand for leisure. We drive sufficient conditions for tax competition to lead to too low wage tax rates. We … suggest, that the educated should pay their wage taxes to the region which has financed their education. We show that this …