Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP10806 |
DP10806 On the Optimal Provision of Social Insurance: Progressive Taxation versus Education Subsidies in General Equilibrium | |
Dirk Krueger; Alexander Ludwig | |
发表日期 | 2015-09-06 |
出版年 | 2015 |
语种 | 英语 |
摘要 | In this paper we compute the optimal tax and education policy transition in an economy where progressive taxes provide social insurance against idiosyncratic wage risk, but distort the education decision of households. Optimally chosen tertiary education subsidies mitigate these distortions. We highlight the quantitative importance of general equilibrium feedback effects from policies to relative wages of skilled and unskilled workers: subsidizing higher education increases the share of workers with a college degree thereby reducing the college wage premium which has important redistributive benefits. We also argue that a full characterization of the transition path is crucial for policy evaluation. We find that optimal education policies are always characterized by generous tuition subsidies, but the optimal degree of income tax progressivity depends crucially on whether transitional costs of policies are explicitly taken into account and how strongly the college premium responds to policy changes in general equilibrium. |
主题 | International Macroeconomics and Finance ; Macroeconomics and Growth ; Public Economics |
关键词 | Education subsidy Progressive taxation Transitional dynamics |
URL | https://cepr.org/publications/dp10806 |
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/539636 |
推荐引用方式 GB/T 7714 | Dirk Krueger,Alexander Ludwig. DP10806 On the Optimal Provision of Social Insurance: Progressive Taxation versus Education Subsidies in General Equilibrium. 2015. |
条目包含的文件 | 条目无相关文件。 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[Dirk Krueger]的文章 |
[Alexander Ludwig]的文章 |
百度学术 |
百度学术中相似的文章 |
[Dirk Krueger]的文章 |
[Alexander Ludwig]的文章 |
必应学术 |
必应学术中相似的文章 |
[Dirk Krueger]的文章 |
[Alexander Ludwig]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。