Add to ORKGWe develop a model of human capital formation with endogenous labor supply and heterogeneous agents to explore the optimal level of education subsidies along with the optimal progressive schedule of the labor income tax and optimal capital income taxes.Subsidies on education ensure efficiency in human capital accumulation, while taxes on skilled labor 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
We set up a two-period model, where individuals finance educational investment and first-period cons...
In models of redistribution, differences in human capital are often the relevant source of heterogen...
Catalyzers for Social Insurance: Education Subsidies vs. Real Capital Taxation We set up a two-perio...
We develop models of optimal linear and non-linear income taxation with endogenous human capital for...
textabstractShould education be subsidized for the purpose of redistribution? The usual argument aga...
textabstractIn a model with ex-ante homogenous households, earnings risk and a general earnings func...
Based on the OLG-model and the two-bracket labor tax system by Nielsen and Sørensen (1997), we model...
This study examines optimal human capital policies under non-linear labor and capital income taxes i...
textabstractWe argue that promoting education may be a means to re- duce income inequality. When wor...
This paper considers a three-overlapping-generations model of endogeneous growth wherein human capit...
This paper studies the design of education policies in a setting in which optimal redistributive lab...
This paper considers a three-overlapping-generations model of en-dogeneous growth wherein human capi...
This paper considers a two-period model of endogenous human capital formation under the credits-mark...
To analyze the optimal social insurance package, we set up a two-period life-cycle model with risky ...
Nielsen and Sørensen (1997) find that progressive taxation of labour income is optimal when capital ...
We set up a two-period model, where individuals finance educational investment and first-period cons...
In models of redistribution, differences in human capital are often the relevant source of heterogen...
Catalyzers for Social Insurance: Education Subsidies vs. Real Capital Taxation We set up a two-perio...
We develop models of optimal linear and non-linear income taxation with endogenous human capital for...
textabstractShould education be subsidized for the purpose of redistribution? The usual argument aga...
textabstractIn a model with ex-ante homogenous households, earnings risk and a general earnings func...
Based on the OLG-model and the two-bracket labor tax system by Nielsen and Sørensen (1997), we model...
This study examines optimal human capital policies under non-linear labor and capital income taxes i...
textabstractWe argue that promoting education may be a means to re- duce income inequality. When wor...
This paper considers a three-overlapping-generations model of endogeneous growth wherein human capit...
This paper studies the design of education policies in a setting in which optimal redistributive lab...
This paper considers a three-overlapping-generations model of en-dogeneous growth wherein human capi...
This paper considers a two-period model of endogenous human capital formation under the credits-mark...
To analyze the optimal social insurance package, we set up a two-period life-cycle model with risky ...
Nielsen and Sørensen (1997) find that progressive taxation of labour income is optimal when capital ...
We set up a two-period model, where individuals finance educational investment and first-period cons...
In models of redistribution, differences in human capital are often the relevant source of heterogen...
Catalyzers for Social Insurance: Education Subsidies vs. Real Capital Taxation We set up a two-perio...