THE IMPACT OF FISCAL POLICY ON LABOR SUPPLY AND EDUCATION IN AN ECONOMY WITH HOUSEHOLD AND MARKET PRODUCTION
This paper considers optimal educational investment and labour supply with increasing returns to scale in the earnings function. In so doing we develop the work of Rosen (1983), who first highlighted the increasing returns argument that arises because private returns to human capital investment are...
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| Main Author: |
Booth, Alison Lee
Coles, Melvyn Glyn |
|---|---|
| Format: | Paper |
| Language: | English |
| Place of publication: |
01.03.2007 |
| Related: |
Australian National University, Centre for Applied Macroeconomic Analysis |
| Data of publication: | 2007/03 |
| Series: |
CAMA Working Papers |
| Online Access: | available in Bonn? |
| Database: | RePEc RePEc IDEAS Database information Databases - DBIS |