Investment, Adverse Selection and Optimal Redistributive Taxation
نویسندگان
چکیده
منابع مشابه
Financing education using optimal redistributive taxation
In this article, the joint use of an income tax and public provision of education as instruments to achieve the government’s distributional objectives is considered. Individuals differ in innate labour productivity and in aptitude to acquire skills through education. Actual labour productivity depends on both innate skill and the amount of education received. Using a generalized version of the ...
متن کاملTagging and Redistributive Taxation
We study optimal redistributive taxes when the population can be disaggregated into tagged groups. Under reasonable circumstances, the tax system will be more redistributive in the tagged group with the higher proportion of high-ability persons. We extend the analysis to the case where the tag reflects differences in resources required to achieve a given level of utility. The compensation given...
متن کاملOptimal redistributive taxation with both extensive and intensive responses
Optimal Redistributive Taxation with Both Extensive and Intensive Responses This paper characterizes optimal income taxation when individuals respond along both the intensive and extensive margins. Individuals are heterogeneous across two dimensions: specifically, their skill and disutility of participation. Preferences over consumption and work effort can differ with respect to the level of sk...
متن کاملEducation, Redistributive Taxation and Confidenced
Education, Redistributive Taxation and Confidence We consider redistributional taxation between people with and without human capital if education is endogenous and if individuals differ in their perceptions about own ability. Those who see their ability as low like redistributive taxation because of the transfers it generates. Those who see their ability as high may also like redistributive ta...
متن کاملOptimal Redistributive Capital Taxation in a Neoclassical Growth Model
1. Judd (1985) and Chamley (1986) obtained results that in the long run, the optimal capital income taxation should be zero. And they claim that the result does not depend on whether government has the ability to borrow or not. 2. Lansing in this paper gave a counterexample under which the optimal capital income tax rate is non-zero in the long run when the government does not have the ability ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2016
ISSN: 1556-5068
DOI: 10.2139/ssrn.2742603