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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/10010264409
The paper characterizes the optimal tax policy and the optimal quality of day care services in a OLG model with warm-glow altruism where parental choices over child care arrangements affect the probability that the child becomes a high-skilled adult in a type-specific way. With respect to...
Persistent link: https://www.econbiz.de/10010275050
The following paper reports the main objective and the expected outcomes of an ambitious project that aims to develop a model for the analysis of both inter-household and intra-household distribution in a life-cycle perspective. In reporting such research objectives, this analysis focuses in...
Persistent link: https://www.econbiz.de/10014157183
It is usually thought that a Beveridgean pension system redistributes income more than a Bismarckian one, since it ensures replacement ratios that decrease with income. We check the validity of this result when the fact that pension systems can redistribute also through their effects on labor...
Persistent link: https://www.econbiz.de/10014029327
In this paper we develop an overlapping generations model in which child care matters for human capital accumulation. We investigate whether an increase in labor supply brought about by a reduction in taxes is always associated with a reduction in parental time devoted to children, which...
Persistent link: https://www.econbiz.de/10013055994
The paper characterizes the optimal tax policy and the optimal quality of day care services in a OLG model with warm-glow altruism where parental choices over child care arrangements affect the probability that the child becomes a high-skilled adult in a type-specific way. With respect to...
Persistent link: https://www.econbiz.de/10009010178
In this paper we develop an overlapping generations model in which child care matters for human capital accumulation. We investigate whether an increase in labor supply brought about by a reduction in taxes is always associated with a reduction in parental time devoted to children, which...
Persistent link: https://www.econbiz.de/10010256101