How many educated workers for your economy? European targets, optimal public spending, and labor market impact
Autor: | Isabelle Lebon, Therese Rebiere |
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Přispěvatelé: | Centre de recherche en économie et management (CREM), Université de Caen Normandie (UNICAEN), Normandie Université (NU)-Normandie Université (NU)-Université de Rennes (UR)-Centre National de la Recherche Scientifique (CNRS), Laboratoire interdisciplinaire de recherche en sciences de l'action (LIRSA), Conservatoire National des Arts et Métiers [CNAM] (CNAM), HESAM Université - Communauté d'universités et d'établissements Hautes écoles Sorbonne Arts et métiers université (HESAM)-HESAM Université - Communauté d'universités et d'établissements Hautes écoles Sorbonne Arts et métiers université (HESAM), Centre National de la Recherche Scientifique (CNRS)-Université de Rennes 1 (UR1), Université de Rennes (UNIV-RENNES)-Université de Rennes (UNIV-RENNES)-Université de Caen Normandie (UNICAEN), Normandie Université (NU)-Normandie Université (NU), HESAM Université (HESAM)-HESAM Université (HESAM) |
Rok vydání: | 2018 |
Předmět: |
Economics and Econometrics
Labour economics Educational policy Job search Higher education Public policy jel:J64 jel:J21 jel:H21 Public spending 0502 economics and business Economics Matching model 050207 economics 050205 econometrics business.industry 05 social sciences 1. No poverty jel:H52 Maximization Economic surplus [SHS.ECO]Humanities and Social Sciences/Economics and Finance Optimal taxation 8. Economic growth educational policy job search matching model optimal taxation [SHS.GESTION]Humanities and Social Sciences/Business administration business Market impact General Economics Econometrics and Finance |
Zdroj: | Portuguese Economic Journal Portuguese Economic Journal, 2018, 17 (1), pp.1-44. ⟨10.1007/s10258-018-0142-8⟩ Repositório Científico de Acesso Aberto de Portugal Repositório Científico de Acesso Aberto de Portugal (RCAAP) instacron:RCAAP Portuguese Economic Journal, Springer Verlag, 2018, 17 (1), pp.1-44. ⟨10.1007/s10258-018-0142-8⟩ |
ISSN: | 1617-9838 1617-982X |
DOI: | 10.1007/s10258-018-0142-8 |
Popis: | This paper studies optimal taxation schemes for education in a search- matching model where the labor market is divided between a high-skill and a low-skill sector. Two public policy targets - maximizing the total employment level and optimizing the social surplus - are studied according to three different public taxation strategies. We calibrate our model using evidence from thirteen European countries, and compare our results with the target from the Europe 2020 Agenda for achievement in higher education. We show that, with current labor market char- acteristics, the target set by governments seems compatible with the social surplus maximization objective for some countries, while being too high for other countries. For all countries, maximizing employment would imply higher educational spending than that required for the social surplus to reach its maximum. info:eu-repo/semantics/publishedVersion |
Databáze: | OpenAIRE |
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