TY  - RPRT
        AU  - Andersson, Fredrik W.
AU  - Konrad, Kai A.
        TI  - Globalization and Human Capital Formation
        PY  - 2001/Jan/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 245
        UR  - https://www.iza.org/publications/dp245
        AB  - This paper compares education investment in closed and open economies without government and with a benevolent government. The fact that the time consistency problem in taxation can make labor mobility beneficial even if governments are fully benevolent - which is known from other contexts - is shown to be true in the economies considered. It is further shown that labor mobility is unambiguously beneficial if private insurance for human capital investment is available.
        KW  - commitment
KW  - migration
KW  - time consistent income taxation
KW  - education effort
KW  - Globalization
        ER  -