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fertility. The model is a three-period CGE framework where the design of the education system and effects on factor prices are … optimal if the education system has a fixed benefit rate. This design of education and pension systems assures that …
Persistent link: https://www.econbiz.de/10005765837
This paper proposes and analyzes a model of a “European economy” with three overlapping generations, redistributive social security, and public universities without tuition. Individuals differ ex ante. The effect of wage tax rate on occupational choice and the voting equilibrium of wage tax...
Persistent link: https://www.econbiz.de/10005181321
country with flat-rate benefits may reduce their investment in education. With suitably planned transfers between the two …
Persistent link: https://www.econbiz.de/10005181488