Endogenous selection of comparison groups, human capital formation, and tax policy.

Autor/inn/en	Hyll, Walter; Stark, Oded; Wang, Yong
Titel	Endogenous selection of comparison groups, human capital formation, and tax policy.
Quelle	Tübingen: Univ. Tübingen (2011), 24 S., 196,50 KB PDF als Volltext kostenfreie Datei (1); PDF als Volltext kostenfreie Datei (2) Link als defekt meldenVerfügbarkeit
Reihe	University of Tübingen working papers in economics and finance. 3
Sprache	englisch
Dokumenttyp	online; Monographie; Graue Literatur
URN	urn:nbn:de:bsz:21-opus-55943
Schlagwörter	Bildungsniveau; Soziale Ungleichheit; Kognitive Kompetenz; Bevölkerungsstruktur; Humankapital; Steuer; Steuerpolitik; Statistik; Arbeitspapier; Auswahlverfahren; Theorie; Wirkung
Abstract	This paper considers a setting in which the acquisition of human capital entails a change of location in social space that causes individuals to revise their comparison groups. Skill levels are viewed as occupational groups, and moving up the skill ladder by acquiring additional human capital, which in itself is rewarding, leads to a shift in the individual's inclination to compare himself with a different, and on average better-paid, comparison group, which in itself is penalizing. The paper sheds new light on the dynamics of human capital formation, and suggests novel policy interventions to encourage human capital formation in the aggregate and, at the same time, reduce inter-group income inequality.
Erfasst von	ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel
Update	2011/4