Optimal paternalistic health and human capital policies

Detalhes bibliográficos
Autor(a) principal: Arbex, Marcelo Aarestru
Data de Publicação: 2018
Outros Autores: Mattos, Enlinson
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/20173
Resumo: We study optimal human and health linear policies when there is a paternalistic motive to overcome present bias problems of agents with heterogeneous cognitive skills. The paternalistic intervention rewards individuals for physical capital accumulation and the combined e ect of health and human capital on future earnings. Our results highlight a novel e ect of paternalistic policies due to the interaction between present-biased preferences and cognitive skills. We illustrate numerically that this policy package is the most e ective and we analyze the relevance of agent's cognitive skills and present-biased preferences for the determination of rst-best and constrained rst-best optimal policies.
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spelling Arbex, Marcelo AarestruMattos, EnlinsonEscolas::EESP2018-02-16T12:11:03Z2018-02-16T12:11:03Z2018-02-16TD 465http://hdl.handle.net/10438/20173We study optimal human and health linear policies when there is a paternalistic motive to overcome present bias problems of agents with heterogeneous cognitive skills. The paternalistic intervention rewards individuals for physical capital accumulation and the combined e ect of health and human capital on future earnings. Our results highlight a novel e ect of paternalistic policies due to the interaction between present-biased preferences and cognitive skills. We illustrate numerically that this policy package is the most e ective and we analyze the relevance of agent's cognitive skills and present-biased preferences for the determination of rst-best and constrained rst-best optimal policies.engEESP - Textos para Discussão; TD 465PaternalismOptimal taxationEducationHealthEconomiaEconomia - Modelos matemáticosCapital humanoSaúdeImpostosOptimal paternalistic health and human capital policiesinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlereponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessTEXTTD 465 - MarceloArbex_EnlinsonMattos.pdf.txtTD 465 - MarceloArbex_EnlinsonMattos.pdf.txtExtracted texttext/plain80207https://repositorio.fgv.br/bitstreams/b005adf2-27c9-4928-ad1d-73aabb181d90/downloadf8fbbdb1b8c58eaf401fc5ea6ee13c2bMD55ORIGINALTD 465 - MarceloArbex_EnlinsonMattos.pdfTD 465 - MarceloArbex_EnlinsonMattos.pdfTD 465 - 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dc.title.eng.fl_str_mv Optimal paternalistic health and human capital policies
title Optimal paternalistic health and human capital policies
spellingShingle Optimal paternalistic health and human capital policies
Arbex, Marcelo Aarestru
Paternalism
Optimal taxation
Education
Health
Economia
Economia - Modelos matemáticos
Capital humano
Saúde
Impostos
title_short Optimal paternalistic health and human capital policies
title_full Optimal paternalistic health and human capital policies
title_fullStr Optimal paternalistic health and human capital policies
title_full_unstemmed Optimal paternalistic health and human capital policies
title_sort Optimal paternalistic health and human capital policies
author Arbex, Marcelo Aarestru
author_facet Arbex, Marcelo Aarestru
Mattos, Enlinson
author_role author
author2 Mattos, Enlinson
author2_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EESP
dc.contributor.author.fl_str_mv Arbex, Marcelo Aarestru
Mattos, Enlinson
dc.subject.eng.fl_str_mv Paternalism
Optimal taxation
Education
Health
topic Paternalism
Optimal taxation
Education
Health
Economia
Economia - Modelos matemáticos
Capital humano
Saúde
Impostos
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Economia - Modelos matemáticos
Capital humano
Saúde
Impostos
description We study optimal human and health linear policies when there is a paternalistic motive to overcome present bias problems of agents with heterogeneous cognitive skills. The paternalistic intervention rewards individuals for physical capital accumulation and the combined e ect of health and human capital on future earnings. Our results highlight a novel e ect of paternalistic policies due to the interaction between present-biased preferences and cognitive skills. We illustrate numerically that this policy package is the most e ective and we analyze the relevance of agent's cognitive skills and present-biased preferences for the determination of rst-best and constrained rst-best optimal policies.
publishDate 2018
dc.date.accessioned.fl_str_mv 2018-02-16T12:11:03Z
dc.date.available.fl_str_mv 2018-02-16T12:11:03Z
dc.date.issued.fl_str_mv 2018-02-16
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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dc.identifier.sici.none.fl_str_mv TD 465
identifier_str_mv TD 465
url http://hdl.handle.net/10438/20173
dc.language.iso.fl_str_mv eng
language eng
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