Utilising microsimulation to estimate new marginal returns to education. Ireland 1987-2005.

Autor/inn/en	Flannery, Darragh; O'Donoghue, Cathal
Titel	Utilising microsimulation to estimate new marginal returns to education. Ireland 1987-2005.
Quelle	Bonn: IZA (2011), 44 S., 197,10 KB PDF als Volltext kostenfreie Datei (1); PDF als Volltext kostenfreie Datei (2) Link als defekt meldenVerfügbarkeit
Reihe	Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit. 5627
Sprache	englisch
Dokumenttyp	online; Monographie; Graue Literatur
URN	urn:nbn:de:101:1-201104134305
Schlagwörter	Bildung; Transfer; Bildungsertrag; Marginalisierung; Einkommensteuer; Finanzierung; Steuer; Analyse; Arbeitspapier; Simulation; Irland
Abstract	In this paper we utilise microsimulation techniques in the form of an income generation model and a tax/benefit model to estimate both the fiscal and net private return to education at a marginal level. This is carried out empirically using Irish data across the period 1987-2005 and is the first study to utilise these techniques in such a manner. The results indicate that a more generous tax/benefit system, combined with a greater state burden of the cost of education over this period may have helped increase the individual's return to education, while reducing the state return from investing in education. The methodology employed allows us to specifically analyse the impact of various components of the tax/benefit system upon these returns across time and show the role of income tax changes upon the return to education for the individual and the state.
Erfasst von	ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel
Update	2012/1