Arbeitspapier
Income Taxation, Tuition Subsidies, and Choice of Occupation
Differentiated tax rates on labor and capital income are found to be optimal in this study, where agents choose occupation based on lifetime income net of tuition costs. Efficient revenue raising in a case where the government can not observe educational effort implies that the government should trade off efficiency in production for efficiency in intertemporal consumption. The subsequent wage difference between high and low-skilled occupations is increased compared to a production efficient outcome, which is in contrast to previous results in the literature.
- Sprache
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Englisch
- Erschienen in
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Series: Discussion Papers ; No. 459
- Klassifikation
-
Wirtschaft
Taxation and Subsidies: Efficiency; Optimal Taxation
Personal Income and Other Nonbusiness Taxes and Subsidies; includes inheritance and gift taxes
- Thema
-
Optimal income taxation
Subsidies for tuition
Skill formation
Production efficiency
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bjertnæs, Geir Haakon
- Ereignis
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Veröffentlichung
- (wer)
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Statistics Norway, Research Department
- (wo)
-
Oslo
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
-
16.03.2025, 00:49 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Bjertnæs, Geir Haakon
- Statistics Norway, Research Department
Entstanden
- 2006