Resource title

Income taxation, tuition subsidies, and choice of occupation : implications for production efficiency

Resource image

image for OpenScout resource :: Income taxation, tuition subsidies, and choice of occupation : implications for production efficiency

Resource description

The desirability for production efficiency is re-examined in this study, where agents choose occupation based on lifetime income net of tuition costs. Efficient revenue raising implies that the government should trade off efficiency in production for efficiency in intertemporal consumption, as capital income is taxed in optimum. The subsequent wage difference between high- and low-skilled occupations is increased compared to a production efficient outcome, which is in contrast to previous results in the literature.

Resource author

Geir Haakon Bjertn├Žs

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/19091

Resource license

Adapt according to the presented license agreement and reference the original author.