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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
Europe and the former Soviet Union considerable scope to devote increased resources to tackling poverty. We review the extent … and nature of poverty across the transition countries, emphasising the phenomenon of the working-age poor. We consider … unemployment benefit schemes in the CIS would aid labour market reform and hence help solve the problem there of in-work poverty …
Persistent link: https://www.econbiz.de/10005656318
exploit this fact to identify the impact of opening a rural bank on poverty and output. Our estimates suggest that the Indian … rural branch expansion programme significantly lowered rural poverty, and increased non-agricultural output. …
Persistent link: https://www.econbiz.de/10005792249
We develop a model of human capital formation with endogenous labour supply and heterogeneous agents to explore the optimal level of education subsidies along with the optimal progressive schedule of the labour income tax and optimal capital income taxes. Subsidies on education ensure efficiency...
Persistent link: https://www.econbiz.de/10005504308
How does the relationship between earnings and schooling change with the introduction of comprehensive economic reform? This Paper uses a unique dataset (covering about 3 million Hungarian wage earners, from 1986 to 1998) and a novel procedure to correct sample selection bias (based on DiNardo,...
Persistent link: https://www.econbiz.de/10005498066
We construct estimates of educational attainment for a sample of OECD countries using previously unexploited sources. We follow a heuristic approach to obtain plausible time profiles for attainment levels by removing sharp breaks in the data that seem to reflect changes in classification...
Persistent link: https://www.econbiz.de/10005498069
This Paper studies the design of education policies in a setting of successive generations with heterogeneous individuals (high and low earning ability). Parents’ investment in education is motivated by warm-glow altruism and determines the probability that a child has high ability. Education...
Persistent link: https://www.econbiz.de/10005498169
We construct a revised version of the Barro and Lee (1996) data set for a sample of OECD countries using previously unexploited sources and following a heuristic approach to obtain plausible time profiles for attainment levels by removing sharp breaks in the data that seem to reflect changes in...
Persistent link: https://www.econbiz.de/10005666682
This document describes the construction of series on the educational attainment of the adult population in a sample of 21 OECD countries for the period 1960-95. These series are a revised version of the data set described in de la Fuente and Doménech (2000).
Persistent link: https://www.econbiz.de/10005667039
How valuable are the skills acquired under socialism in a market economy? This Paper throws light on this question using unique data covering the years before and during transition (1986-98) for about 3 million Hungarian wage earners. We find that returns to a year of schooling increased by 75%...
Persistent link: https://www.econbiz.de/10005667110