The Impact of Fiscal Policy on Labour 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 i...

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Bibliographic details
Main Author: Booth, Alison Lee
Coles, Melvyn Glyn
Format: Paper
Language: English
Place of publication: 01.04.2007
Related: C.E.P.R. Discussion Papers
Data of publication: 2007/04
Series: CEPR Discussion Papers
Online Access: available in Bonn?
Database: RePEc
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