Showing 1 - 10 of 4,461
This paper studies how linear tax and education policy should optimally respond to skill-biased technical change (SBTC … effects due to wage-(de)compression, and iii) education distortions. Analytically, the effect of SBTC on these three … distributional losses, and it increases education distortions. Also, SBTC lowers optimal education subsidies, since SBTC generates …
Persistent link: https://www.econbiz.de/10012404588
framework used to understand this decline considers education policies, the until recently largely unregulated use of digital … social media usage on student performance and suggest that responsible internet use programs and education policy reforms …-term MFP growth by nearly 3%. Combining education reforms with structural reforms could mitigate these effects and boost long …
Persistent link: https://www.econbiz.de/10015154465
This paper studies empirically the effect of education policies on human capital and per capita income. The results … suggest for European and OECD countries that higher attendance at pre-primary education, greater autonomy of schools and … universities, a lower student-to-teacher ratio, higher age of first tracking in secondary education and lower barriers to funding …
Persistent link: https://www.econbiz.de/10012388211
measure is a cohort-weighted average of past PISA scores (representing the quality of education) of the working age population … and the corresponding mean years of schooling (representing the quantity of education). In contrast to the existing … elasticity of the stock of human capital with respect to the quality of education is three to four times larger than for the …
Persistent link: https://www.econbiz.de/10013186787
education (not considered here) would inflate them. Policies aimed at improving the quality of education and adult training will …
Persistent link: https://www.econbiz.de/10014252528
it should instead rely on transfers for redistributing income ex post. To this end, we develop a model of education in … a skilled worker depends on individual effort in education and on public resources, but educational risk still causes … of education by public funding of the educational sector has a significant effect and that this increases efficiency in …
Persistent link: https://www.econbiz.de/10009124160
We formulate a two-period life-cycle model of saving, labor supply, and human capital investments when individuals differ in ability and initial wealth. Borrowing constraints prevent individuals to optimally smooth consumption over the life-cycle and to optimally invest in human capital. We show...
Persistent link: https://www.econbiz.de/10009722419
In this paper, we study how the birth of the first universities in Italy affected the emergence of the Italian free cities-states (the commune) in the period 1000-1300 a.d. Exploiting a panel dataset of 121 cities, we show that after the foundation of a new university the distance between each...
Persistent link: https://www.econbiz.de/10011745317
education with and without capital markets integration. First, we explore how regimes of education provision - public, private …-run effects of capital markets integration, in equilibrium, on the optimal provision of education and growth. Third, we examine a … competition game where countries compete in the provision of public education. …
Persistent link: https://www.econbiz.de/10009781565
recent decades, appropriations for higher education have declined substantially. Despite concerns expressed by policymakers … and scholars that the declines in state support have reduced the return to education investment for public sector students …
Persistent link: https://www.econbiz.de/10012294613