Showing 1 - 10 of 199
This paper analyzes optimal linear taxes on capital and labour incomes in a life-cycle model of human capital investment, financial savings, and labour supply with heterogenous individuals. A dual income tax with a positive marginal tax rate on not only labour income but also capital income is...
Persistent link: https://www.econbiz.de/10005123828
outcomes. While educated parents are more frequently engaged in education-oriented activities with their children, mentally …, they suggest that parental education and mental health affect children’s outcomes through different pathways. …
Persistent link: https://www.econbiz.de/10008459928
Gender stereotypes are well established also among women. Yet, a recent literature suggests that learning from other women experience about the effects of maternal employment on children outcomes may increase female labor force participation. To further explore this channel, we design a...
Persistent link: https://www.econbiz.de/10011083404
The paper examines the appropriate domain of the Welfare State by exploring the areas in which free enterprise fails to provide adequate welfare state services. The paper outlines a simple coherent strategy for formulating government welfare state policy by identifying the relevant market...
Persistent link: https://www.econbiz.de/10005788942
Household Panel Study. Mother’s education is found to be a very powerful predictor of their children’s educational attainments … men moderately, but the effects on young women’s education are small. Part, if not all, of this negative effect of living …
Persistent link: https://www.econbiz.de/10005497967
parents to their children’s education. We construct a composite birth order index that effectively purges family size from … they are not, and that the shares are decreasing with birth order. Controlling for parental education, parental age at … birth and family level attributes, we find that children from larger families have lower levels of education, that there is …
Persistent link: https://www.econbiz.de/10005123771
We develop a dynamic discrete choice model of training choice, employment and wage growth, allowing for job mobility, in a world where wages depend on firm-worker matches, as well as experience and tenure and jobs take time to locate. We estimate this model on a large administrative panel data...
Persistent link: https://www.econbiz.de/10005124058
achievements are wasted as children fail to build upon their parents’ achievements. Policies affecting the education system and the …
Persistent link: https://www.econbiz.de/10005124062
unemployment rates. It may be the case that this locus is steep enough to generate increasing returns to education. This may lead … to multiple equilibria: a high-education equilibrium may coexist with a low-education equilibrium. In the former, the … Pareto-ranked, but the latter is preferred to the former by workers, while `savers' prefer the high-education equilibrium. …
Persistent link: https://www.econbiz.de/10005124159
, and uses these variables as instruments to estimate returns to education, with the help of a rich set of individual data … two stage method is used to estimate log-wage equations, taking care of education endogeneity, using birth order and the … number of siblings as instruments. The OLS estimates of returns to education are biased downwards, when females are …
Persistent link: https://www.econbiz.de/10005124292