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Education, disappointment and optimal policy

Anderberg, Dan; Cerrone, Claudia - 2014

Justification for policies to encourage investments in education, particularly for individuals at the lower end of the … potentially loss averse around their expected outcome make risky investments in education and we draw on optimal tax theory to … preferences, standard risk aversion and labour supply behaviour, (ii) the risk properties of education, and (iii) the degree of …

Persistent link: https://www.econbiz.de/10010467858

Social exclusion and optimal redistribution

Aronsson, Thomas; Bastani, Spencer; Tayibov, Khayyam - 2021

redistributive taxation. Our results show how an optimal mix of education policy, public employment, and support to the unemployed …-best optimum most likely implies overprovision of education relative to a policy rule that balances the direct marginal benefit and …

Persistent link: https://www.econbiz.de/10012694145

Leroux, Marie-Louise; Pestieau, Pierre - 2020

This paper studies the design of the optimal linear taxation of bequests when individuals differ in wage as well as in their risks of both mortality and old-age dependence. We assume that the government cannot distinguish between bequests motives, that is whether bequests resulted from...

Persistent link: https://www.econbiz.de/10012304266

Age and health related inheritance taxation

Leroux, Marie-Louise; Pestieau, Pierre - 2021

This paper studies the design of an optimal non linear inheritance taxation when individuals differ in wage as well as in their risks of both mortality and old-age dependance. We assume that the government cannot distinguish between bequests motives, that is whether bequests result from...

Persistent link: https://www.econbiz.de/10012499657

Self-enforcing intergenerational social contract as a source of Pareto improvement and pollution mitigation

Dao, Thang; Burghaus, Kerstin; Edenhofer, Ottmar - 2016

We contribute to the literature on private financing of intergenerational public goods, focusing on climate change mitigation. We consider, in a general equilibrium overlapping generations (OLG) model with environmental externalities, a contract between successive generations, whereby agents of...

Persistent link: https://www.econbiz.de/10011474731

Heterogeneous bequests and social inequalities

Borissov, Kirill; Bosi, Stefano; Thai Ha Huy; Pakhnin, … - 2023

We study a growth model with two types of agents who are heterogeneous in their degree of family altruism. We prove that every equilibrium path converges to a unique steady state, and study the effect of altruism on the properties of steady-state equilibrium. We show that aggregate income is...

Persistent link: https://www.econbiz.de/10014384038

Opportunity and inequality across generations

Koeniger, Winfried; Zanella, Carlo - 2020

We analyze inequality and mobility across generations in a dynastic economy. Nurture, in terms of bequests and the schooling investment into the next generation, is observable but the draw of nature in terms of ability is hidden, stochastic and persistent across generations. We calibrate the...

Persistent link: https://www.econbiz.de/10012166025

Relational warm glow and giving in social group

Scharf, Kimberley Ann; Smith, Sarah - 2014

We study charitable giving within social groups. Exploiting a unique dataset, we establish three key relationships between social group size and fundraising outcomes: (i) a positive relationship between group size and the total number of donations; (ii) a negative relationship between group size...

Persistent link: https://www.econbiz.de/10010375278

Relational altruism and giving in social groups

Scharf, Kimberly A.; Smith, Sarah - 2016

Much fundraising is done by individuals within existing social groups. Exploiting a unique dataset, we demonstrate (i) a positive relationship between social group size and the number of donations; (ii) a negative relationship between group size and the size of individual donations; (iii) no...

Persistent link: https://www.econbiz.de/10011489355

Social norms and welfare state dynamics

Lindbeck, Assar; Nyberg, Sten; Weibull, Jörg - 2003

The paper analyses the interaction between economic incentives and work norms in the context of social insurance. If the work norm is endogenous in the sense that it is weaker when the population share of beneficiaries is higher, then voters will choose less generous bene.ts than otherwise. We...

Persistent link: https://www.econbiz.de/10011507856