Globalization and Human Capital Formation
Globalization and Human Capital Formation
This paper compares education investment in closed and open economies without government and with a benevolent government. The fact that the time consistency problem in taxation can make labor mobility beneficial even if governments are fully benevolent - which is known from other contexts - is shown to be true in the economies considered. It is further shown that labor mobility is unambiguously beneficial if private insurance for human capital investment is available.
- Max Planck Society Germany
- Institute for the Study of Labor Germany
- Max Planck Institute for Tax Law and Public Finance Germany
- Lund University Sweden
Interventionismus, Steuerpolitik, H23, Selbstbindung, Mobilität, migration, redistribution, private provision, Ausbildungsinvestitionen, interventionism, Ausbildungsförderung, Zeitkonsistente Besteuerung, Humankapital, Globalisierung, human capital, private Vorsorge, Offene Volkswirtschaft, Migration, Globalization,commitment,time consistent income taxation,migration,education effort,Globalisierung,Selbstbindung,Zeitkonsistente Besteuerung,Migration,Ausbildungsinvestitionen, Bildungsinvestition, education effort, government promotion of vocational training, ddc:330, Investition, commitment, Internationale Arbeitsmobilität, investment, Besteuerung, Commitment; Education Effort; Globalization; Migration; Time Consistent Income Taxation, Umverteilung, mobility, Zeitkonsistenz, time consistent income taxation, H21, taxation, Globalization, Theorie, globalization, jel: jel:H23, jel: jel:H21
Interventionismus, Steuerpolitik, H23, Selbstbindung, Mobilität, migration, redistribution, private provision, Ausbildungsinvestitionen, interventionism, Ausbildungsförderung, Zeitkonsistente Besteuerung, Humankapital, Globalisierung, human capital, private Vorsorge, Offene Volkswirtschaft, Migration, Globalization,commitment,time consistent income taxation,migration,education effort,Globalisierung,Selbstbindung,Zeitkonsistente Besteuerung,Migration,Ausbildungsinvestitionen, Bildungsinvestition, education effort, government promotion of vocational training, ddc:330, Investition, commitment, Internationale Arbeitsmobilität, investment, Besteuerung, Commitment; Education Effort; Globalization; Migration; Time Consistent Income Taxation, Umverteilung, mobility, Zeitkonsistenz, time consistent income taxation, H21, taxation, Globalization, Theorie, globalization, jel: jel:H23, jel: jel:H21
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