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
Englisch

Erschienen in
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
Veröffentlichung
(wer)
Statistics Norway, Research Department
(wo)
Oslo
(wann)
2006

Handle
Letzte Aktualisierung
16.03.2025, 00:49 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.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bjertnæs, Geir Haakon
  • Statistics Norway, Research Department

Entstanden

  • 2006

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