Arbeitspapier
Optimal Taxation of Human Capital and Credit Constraints
We study optimal linear income taxation in a model with heterogeneous agents where earnings potentials are endogenously determined through human capital accumulation. Agents differ in initial conditions and ability to learn. Capital market imperfections prevent poor agents to invest optimally in human capital. We show that optimal linear tax rates on human capital are positive, even in absence of redistributive preferences of the government. A more progressive tax system has efficiency gains because credit constraints are relaxed. Numerical calculations show that optimal linear tax rates are significantly increased when capital market imperfections are present.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 02-044/2
- Klassifikation
-
Wirtschaft
Taxation and Subsidies: Efficiency; Optimal Taxation
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Human Capital; Skills; Occupational Choice; Labor Productivity
- Thema
-
optimal linear taxation
human capital
credit constraints
Einkommensteuer
Steuertarif
Optimale Besteuerung
Bildungsinvestition
Bildungsfinanzierung
Liquiditätsbeschränkung
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Jacobs, Bas
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
2002
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Jacobs, Bas
- Tinbergen Institute
Entstanden
- 2002
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