Poutvaara, Panu (2004): Educating Europe. CESifo Working Paper, 1114 |
Abstract
The mobility of labor reduces national incentives to invest in internationally applicable education. The European Union could overcome this by allowing member states to institute graduate taxes or income-contingent loans, collected also from migrants. This paper presents calculations on how a graduate tax system could look for Finland. To protect citizens against Leviathan governments, graduate taxes or income-contingent loans could be based on voluntary contracts. Education would then be financed publicly only for those accepting also to share the returns. With EU enlargement, such reforms could generate a triple dividend.
Item Type: | Paper (Discussion Paper) |
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Faculties: | Economics Economics > Chairs > CESifo-Professorship for International Institutional Comparisons |
Subjects: | 300 Social sciences > 330 Economics |
Language: | English |
ID Code: | 19297 |
Deposited On: | 15. Apr 2014 08:49 |
Last Modified: | 29. Apr 2016 09:16 |