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

Datos Bibliográficos

ID9720796
AutoresOded Stark (0000-0001-5972-9726, SGH Warsaw School of Economics), Walter Hyll (0009-0002-5741-2877, Halle Institute for Economic Research), Wang Yong (0000-0003-0610-3521, City University of Hong Kong), Yong Wang (0000-0002-0092-0793)
Año2012
Volumen79
Número313
Páginas62-75
Fecha de publicación2012-01-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaEconomica (JOURNAL)
Identificadores de la revistaISSN: 0013-0427 • E-ISSN: 1468-0335
EditorialWiley (PUBLISHER • GB)
DOI10.1111/j.1468-0335.2010.00876.x
OpenAlexW2130369841
IdiomaEN
Citas recibidas2
Referencias citadas24

We consider 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. Moving up the skill ladder by acquiring additional human capital, in itself rewarding, leads to a shift in the individual's inclination to compare himself with a different, and on average better‐paid, comparison group, in itself penalizing. We shed new light on the dynamics of human capital formation, and suggest novel policy interventions to encourage human capital formation in the aggregate and reduce inter‐group income inequality

Capital (architecture) · Demographic economics · Economic growth · Economic inequality · Economics · Human capital · Inequality · Labour economics · Microeconomics · Physical capital · Public economics · Selection (genetic algorithm) · Social capital · Sociology · Space (punctuation) · Computer Science · Fiscal Policy and Economic Growth · Gender, Labor, and Family Dynamics · Taxation and Compliance Studies

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Obras citantes distintas2
Citas por año0,22
Intervalo de citas2017 - 2018 (2)
Velocidad de citaciónhistorical
Altamente citadoNo
Tipos de citaNeutras: 2
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