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Junge, Martin; Munk, Martin D.; Poutvaara, Panu - CESifo - 2014

We present a theory on migration of dual-earner couples, and test it in the context of international migration. Our model predicts that the probability that a couple emigrates increases in the earnings of the primary earner. The effect of the earnings of the secondary earner may go either way....

Persistent link: https://www.econbiz.de/10010877818

Pareto-Improving Bequest Taxation

Grossmann, Volker; Poutvaara, Panu - CESifo - 2005

Altruistic parents may transfer resources to their offspring by providing education, and by leaving bequests. We show … with only intended bequests, by enhancing incentives of parents to invest in their children’s education. This result holds …

Persistent link: https://www.econbiz.de/10005766188

On the Political Economy of Social Security and Public Education

Poutvaara, Panu - CESifo - 2001

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

Social Security Incentives and Human Capital Investment

Lau, Morten I.; Poutvaara, Panu - CESifo - 2001

While the effect of social security systems on retirement decisions has received much attention, the impact of these systems on individuals’ incentives to invest in their human capital has not been analyzed. We integrate human capital investment and retirement decisions in a simple analytical...

Persistent link: https://www.econbiz.de/10005181353

Social Security Incentives, Human Capital Investment and Mobility of Labor

Poutvaara, Panu - CESifo - 2005

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

To Draft or not to Draft? Efficiency, Generational Incidence, and Political Economy of Military Conscription

Poutvaara, Panu; Wagener, Andreas - CESifo - 2005

We study the efficiency and distributional consequences of establishing and abolishing the draft in a dynamic model with overlapping generations, taking into account endogenous human capital formation as well as government budget constraints. The introduction of the draft initially benefits the...

Persistent link: https://www.econbiz.de/10005406080

Gerontocracy Revisited. Unilateral Transfer to the Young May Benefit the Middle-Aged

Poutvaara, Panu - CESifo - 2001

-aged owning land may gain by providing public education even when they cannot tax the young. This requires that labor is not … mobile. Furthermore, establishing public education may benefit only the generation which pays for education twice, first for …

Persistent link: https://www.econbiz.de/10005406281

Student Flows and Migration: An Empirical Analysis

Dreher, Axel; Poutvaara, Panu - CESifo - 2005

Using panel data for 78 countries of origin we examine the impact of student flows to the United States on subsequent migration there over the period 1971-2001. What we find is that the stock of foreign students is an important predictor of subsequent migration. This holds true whether or not...

Persistent link: https://www.econbiz.de/10005416452

Expansion of Higher Education and Time-Consistent Taxation

Poutvaara, Panu - CESifo - 2007

This paper analyzes educational choices and political support for subsidies to higher education in the presence of a … motivates the median voter to obtain higher education. As a result of increasing own income, the median voter prefers in the … future lower taxes than without higher education. Therefore, the expansion of participation in higher education during the …

Persistent link: https://www.econbiz.de/10005094334