Optimal capital taxation and consumer uncertainty
نویسندگان
چکیده
منابع مشابه
Optimal Taxation of Human Capital under Uncertainty reconsidered
In a model with ex-ante homogenous households, income risk and a general earnings function, we derive an optimal labor tax rate and optimal education subsidies. It turns out that the distinction of risk-increasing or risk-decreasing education does not have much effect on the optimal tax rate, but is crucial for optimal education subsidies. Moreover, an optimal education policy allows for better...
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ژورنال
عنوان ژورنال: Journal of Macroeconomics
سال: 2014
ISSN: 0164-0704
DOI: 10.1016/j.jmacro.2014.06.001