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This paper studies the implications of introducing child care in the human capital production function when assessing the effects of labor income taxation on growth. We develop an OLG model where formal schooling and child care enter the human capital production function as complements and we...
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This paper studies the implications of introducing child care in the human capital production function when assessing the effects of labor income taxation on growth. We develop an OLG model where formal schooling and child care enter the human capital production function as complements and we...
Persistent link: https://www.econbiz.de/10012766280
In this article, we provide a theory that is able to account for the observed co-movement between the shift in intergenerational living arrangements from coresidence to non-coresidence and economic growth. Our theory is consistent with the diminution in the status of the elderly documented by...
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