Money or Joy

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Money or Joy

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dc.contributor.author Alstadsæter, Annette en_US
dc.contributor.author Kolm, Ann-Sofie en_US
dc.contributor.author Larsen, Birthe en_US
dc.date.accessioned 2009-02-04T10:27:44Z
dc.date.available 2009-02-04T10:27:44Z
dc.date.issued 2005-12-01T00:00:00Z en_US
dc.identifier.uri http://hdl.handle.net/10398/7562
dc.description.abstract This paper examines the effect of taxes on the individuals' choices of educational direction, and thus on the economy.s skill composition. A proportional labour tax induces too many workers with high innate ability to choose an educational type associated with high consumption value and low effort. This increases the skill mismatch and aggregate unemployment in the economy. The government can correct for this distortion by use of differentiated tuition fees or tax rates. JEL codes: J64, J68, H21, H24 Keywords: Unemployment, matching, education, optimal taxation, tuition fees en_US
dc.format.extent 25 s. en_US
dc.language eng en_US
dc.relation.ispartofseries Working paper;2005-023 en_US
dc.title Money or Joy en_US
dc.type wp en_US
dc.accessionstatus modt05dec01 miel en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Økonomisk institut
dc.contributor.departmentshort ECON en_US
dc.contributor.departmentuk Department of Economics en_US
dc.contributor.departmentukshort ECON en_US
dc.description.notes Version: November 28, 2005 en_US
dc.idnumber x656504101 en_US
dc.publisher.city København en_US
dc.publisher.year 2005 en_US
dc.title.subtitle The Choice of Educational Type en_US


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