| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2668 |
| DP2668 Gaps and Triangles | |
| Isabel Correia; Pedro Teles; Bernardino Adão | |
| 发表日期 | 2001-02-27 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | This Paper compares education investment in closed and open economies without government and with a benevolent government. Closed economies suffer from a hold-up problem of excessive redistribution, and governments use education policy as a second-best tool. Globalization that increases labour mobility reduces governments' incentives to provide subsidized education and increases private individuals' incentives for investment in their human capital. Globalization can improve welfare, and even restore full efficiency. Governments' scope for redistribution ? which is a substitute for private income insurance ? is reduced, and whether efficiency is restored depends on how private insurance markets react to the change in redistribution policy. |
| 主题 | Public Economics |
| 关键词 | Commitment Time consistent income taxation Globalization Migration Education effort |
| URL | https://cepr.org/publications/dp2668 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531744 |
| 推荐引用方式 GB/T 7714 | Isabel Correia,Pedro Teles,Bernardino Adão. DP2668 Gaps and Triangles. 2001. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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