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What shapes the optimal degree of progressivity of the tax and transfer system? On the one hand, a progressive tax system can counteract inequality in initial conditions and substitute for imperfect private insurance against idiosyncratic earnings risk. At the same time, progressivity reduces...
Persistent link: https://www.econbiz.de/10011084652
If redistribution is distortionary, and if the income of skilled workers is due to knowledge-intensive activities and depends positively on intellectual property, a social planner which cares about income distribution may in principle want to use a reduction in Intellectual Property Rights...
Persistent link: https://www.econbiz.de/10005791837
The paper examines UK PhD completion and withdrawal rates, in a competing risks framework, using the 1986 National Survey of 1980 Graduates. The statistical problem of thresholding of completion data is also addressed. We argue that our results suggest that there are problems with the use of PhD...
Persistent link: https://www.econbiz.de/10005504491
can be identified in a natural way, using the variation in school-leaving ages, conditional on certified educational …
Persistent link: https://www.econbiz.de/10005123629
Transition economies have an initial condition of high human capital relative to GDP per capita, giving them high growth potential. In the model, at a good equilibrium a large number of children of well-educated parents take advantage of their family backgrounds and invest substantially in their...
Persistent link: https://www.econbiz.de/10005124062
This paper studies a model of human capital accumulation with real wage rigidity. It is shown that the arbitrage condition between hiring a skilled versus an unskilled worker may be stated as a positive relationship between their relative unemployment rates. It may be the case that this locus is...
Persistent link: https://www.econbiz.de/10005124159
. Our sample includes more than 12,000 men and 10,000 women, who all left school in 1992, in France. The wages and …
Persistent link: https://www.econbiz.de/10005124292
We study the effects of a conditional cash transfers program on school enrollment and performance in Mexico. We provide … performance at school (passing grades) and the effect of a cash transfer program conditional on school attendance. This framework … been implemented and allows us to identify the effect of the program on enrollment and performance at school. Using the …
Persistent link: https://www.econbiz.de/10005504259
differences across the school years. We find that there is a substantial racial gap in test scores, especially between ages 7 and … 11, and a less severe one between ages 11 and 16. It thus seems that nonwhites are losing ground at school, especially …
Persistent link: https://www.econbiz.de/10005504336
Using longitudinal data from the British National Child Development Study, this paper examines gender differences in the determinants of work-related training. The analysis covers a crucial decade in the working lives of the 1958 birth cohort of young men and women – the years spanning the...
Persistent link: https://www.econbiz.de/10005504728