Fictitious human capital: essence, characteristics, formation factors
نویسندگان
چکیده
منابع مشابه
Globalization and Human Capital Formation
Globalization and Human Capital Formation by Fredrik Andersson and Kai A. Konrad This paper compares education investment in closed and open economies without government and with a benevolent government. Closed economies suffer from a holdup problem of excessive redistribution, and governments use education policy as a second-best tool. Globalization that increases labor mobility reduces govern...
متن کاملOptimal Capital Income Taxation with Endogenous Human Capital Formation∗
This paper analyzes optimal linear taxes on capital and labor incomes in a life-cycle model of human capital investment, financial savings, and labor supply with heterogenous individuals. A dual income tax with positive marginal tax rates on not only labor but also capital income is optimal. The key function of the tax on capital income is to reduce labor tax distortions on human capital accumu...
متن کاملHuman Capital Formation and Tax Evasion
A strictly risk-averse individual with an exogenous gross income in period one can acquire human capital in the same period and evade taxes. Period-two income rises with educational investments in period one and can also be hidden from tax authorities. It is shown that a greater tax deductibility of educational investments and higher individual ability induce a positive correlation between tax ...
متن کاملUnequal opportunities and human capital formation
This paper develops a tractable, heterogeneous agents general equilibriummodel where individuals have different endowments of the factors that complement the schooling process. The paper explores the relation between inequality of opportunities, inequality of outcomes, and efficiency in human capital formation. Using numerical solutions we study how the endogenous variables of the model respond...
متن کاملTechnology adoption, human capital formation and income differences
The paper presents a model of technology adoption with endogenous supply of human capital. I investigate the effects of skill bias technical change in the frontier economies on the evolution of output, the quantity and quality of human capital in the adopting countries. The framework introduces a novel feature by connecting the direction of technology adoption to a sequential process of skill a...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Demography and social economy
سال: 2015
ISSN: 2072-9480,2309-2351
DOI: 10.15407/dse2015.01.090