Schindler, Dirk (contributor); Yang, Hongyan (contributor) - 2007
available for the government to progressive taxation and education s
and Jacobs (2005) to the case of risky labor income. Hereby … subsidies generalizes the ‘Siamese Twins’-result by Boven-
berg and Jacobs (2005) to the case of risky labor income. Hereby … components in wage income. Thus, education
itself can create some risks. The process of human capital formation is risky,
because …