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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3157 |
DP3157 One Reason Countries Pay Their Debts: Renegotiation and International Trade | |
Andrew Rose | |
发表日期 | 2002 |
出版年 | 2002 |
语种 | 英语 |
摘要 | We develop a model of human capital formation with endogenous labour supply and heterogeneous agents to explore the optimal level of education subsidies along with the optimal progressive schedule of the labour income tax and optimal capital income taxes. Subsidies on education ensure efficiency in human capital accumulation, while taxes on skilled labour help to redistribute income towards the less able. We thus provide a rationale for the widely observed presence of education subsidies. The actually observed tax codes and level of education subsidies suggest that a large part of education subsidies can be justified on these grounds. |
主题 | Public Economics |
关键词 | Human capital Education subsidies Progressive taxation |
URL | https://cepr.org/publications/dp3157 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532174 |
推荐引用方式 GB/T 7714 | Andrew Rose. DP3157 One Reason Countries Pay Their Debts: Renegotiation and International Trade. 2002. |
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