Showing 1 - 6 of 6
This paper considers how optimal education and tax policy depends on the risk properties of human capital. It is … positive or a negative education premium. In the same model a positive intertemporal wedge is optimal. A set of generalizations …, including non-observability of education, non-observability of consumption, and temporal resolution of uncertainty, are then …
Persistent link: https://www.econbiz.de/10010264479
Hierarchical and comprehensive school systems are compared with respect to efficiency. At given ability, a student's probability of not completing school rises with increasing mean ability in class. Both school systems can yield identical average failure rates. Given that output losses in case...
Persistent link: https://www.econbiz.de/10010314875
for both the public pay-as-you-go pension scheme and the public education system. Without labor mobility, each generation … a popular belief that increasing labor mobility decreases the incentives to finance the education of the subsequent …
Persistent link: https://www.econbiz.de/10010315085
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 rate...
Persistent link: https://www.econbiz.de/10010315224
public goods. We examine how health insurance coverage affects the education of students with Autism Spectrum Disorder (ASD … little change in ASD identification, the mandate crowds-out special education supports for students with ASD by shifting …
Persistent link: https://www.econbiz.de/10012861424
on education. Afterwards, I analyze how prioritarians would allocate resources in a dynamic model of skill formation and …
Persistent link: https://www.econbiz.de/10013246472