How many educated workers for your economy? European targets, optimal public spending, and labor market impact

Autor: Isabelle Lebon, Therese Rebiere
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:
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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