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PRODID:https://www.diw.de/de/diw_01.c.806339.de/veranstaltungen.html
METHOD:PUBLISH
CALSCALE:GREGORIAN
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UID:diw_01.c.502876.en
LOCATION:Eleanor-Dulles-Raum,DIW Berlin im Quartier 110,5.2.010,Anton-Wilhelm-Amo-Straße 58,10117 Berlin
SUMMARY:The Role of Time Preferences in Educational Decision Making
DESCRIPTION:12:30 - 13:30 // We evaluate the role of time preferences in educational decision making, when deviating from the standard-neoclassical assumption of exponential discounting. Based on a dynamic structural life-cycle model we analyse the importance of the discount factor for policy simulations. This is done by considering two relevant policies: (1.) a change in the state grant for students (BaföG) as a way to affect short-run benefits while at school and (2.) a change in progressive taxation as a way to affect long-run benefits of schooling since labour income generally increases with additional years of schooling.
DTSTART;VALUE=DATE:20150429
DTEND;VALUE=DATE:20150429
DTSTAMP:20150427T220000Z
URL:https://www.diw.de/en/diw_01.c.502876.en/events/the_role_of_time_preferences_in_educational_decision_making.html
ORGANIZER;CN=Michael Neumann:mailto:mneumann@diw.de
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