Endogenous Selection of Comparison Groups, Human Capital Formation, and Tax Policy

DSpace Repositorium (Manakin basiert)


Dateien:

Zitierfähiger Link (URI): http://nbn-resolving.de/urn:nbn:de:bsz:21-opus-55943
http://hdl.handle.net/10900/47840
Dokumentart: Arbeitspapier
Erscheinungsdatum: 2011
Originalveröffentlichung: University of Tübingen Working Papers in Economics and Finance ; 3
Sprache: Englisch
Fakultät: 6 Wirtschafts- und Sozialwissenschaftliche Fakultät
Fachbereich: Wirtschaftswissenschaften
DDC-Klassifikation: 330 - Wirtschaft
Schlagworte: Humankapital
Freie Schlagwörter:
Human capital formation , Skill levels as occupational groups , Interpersonal comparisons , Relative deprivation , Tax policy , Subsidization
Lizenz: http://tobias-lib.uni-tuebingen.de/doku/lic_ohne_pod.php?la=de http://tobias-lib.uni-tuebingen.de/doku/lic_ohne_pod.php?la=en
Zur Langanzeige

Abstract:

This paper considers a setting in which the acquisition of human capital entails a change of location in social space that causes individuals to revise their comparison groups. Skill levels are viewed as occupational groups, and moving up the skill ladder by acquiring additional human capital, which in itself is rewarding, leads to a shift in the individual’s inclination to compare himself with a different, and on average better-paid, comparison group, which in itself is penalizing. The paper sheds new light on the dynamics of human capital formation, and suggests novel policy interventions to encourage human capital formation in the aggregate and, at the same time, reduce inter-group income inequality.

Das Dokument erscheint in: