G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3157
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
URLhttps://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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