Artikel
Optimal skill distribution under convex skill costs
This paper studies optimal distribution of skills in an optimal income tax framework with convex skill constraints. The problem is cast as a social planning problem where a redistributive planner chooses how to distribute a given amount of aggregate skills across people. We find that optimal skill distribution is either perfectly equal or perfectly unequal, but an interior level of skill inequality is never optimal.
- Language
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Englisch
- Bibliographic citation
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Journal: Central Bank Review (CBR) ; ISSN: 1303-0701 ; Volume: 18 ; Year: 2018 ; Issue: 1 ; Pages: 29-34 ; Amsterdam: Elsevier
- Classification
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Wirtschaft
- Subject
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Skill distribution
Convex skill costs
Optimal taxation
- Event
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Geistige Schöpfung
- (who)
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Leung, Tin Cheuk
Yazici, Hakki
- Event
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Veröffentlichung
- (who)
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Elsevier
- (where)
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Amsterdam
- (when)
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2018
- DOI
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doi:10.1016/j.cbrev.2017.11.003
- Handle
- Last update
- 10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Leung, Tin Cheuk
- Yazici, Hakki
- Elsevier
Time of origin
- 2018