Showing 1 - 10 of 55
higher education, measured by students enrolled in tertiary education as a share of the working-age population. Based on a … theoretical model, we hypothesize that military draft has a negative effect on education. Empirically, we confirm this for the … in higher education. …
Persistent link: https://www.econbiz.de/10010271308
higher education, measured by students enrolled in tertiary education as a share of the working-age population. Based on a … theoretical model, we hypothesize that military draft has a negative effect on education. Empirically, we confirm this for the … in higher education. …
Persistent link: https://www.econbiz.de/10010276302
Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that … income with all but undergraduate level of education. However, random effects and matching models suggest that entrepreneurs … have lower incomes. We also analyze those who changed careers. Those with higher level of education are more likely to …
Persistent link: https://www.econbiz.de/10010261924
This paper identifies several distortions which create barriers to entrepreneurship. First, in addition to the innate entry cost, there are entry costs caused by regulation. Second, union wage policies raise the opportunity cost of entrepreneurship. Third, inefficiencies in the transmission of...
Persistent link: https://www.econbiz.de/10010264173
This paper identifies several distortions which create barriers to entrepreneurship. First, in addition to the innate entry cost, there are entry costs caused by regulation. Second, union wage policies raise the opportunity cost of entrepreneurship. Third, inefficiencies in the transmission of...
Persistent link: https://www.econbiz.de/10010268348
Previous literature concludes that replacing wage taxation by taxes on a fixed factor or its rents benefits future generations. However, the effects of such steady-state gains on the transition generations have been left open. In this paper, we show that taxation of rents may also increase...
Persistent link: https://www.econbiz.de/10010264258
We show that taxation of rents may yield an intergenerational Pareto-improvement in a small open economy provided tax revenues are earmarked to reduce wage taxes. Previous literature has shown that rent taxation benefits current young and future generations, while we show that it also benefits...
Persistent link: https://www.econbiz.de/10010267705
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 …
Persistent link: https://www.econbiz.de/10010297640
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/10010261180
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/10010261311