We analyze optimal taxation of labor and capital income in a life-cycle framework with idiosyncratic income risk. We … provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … independent of the social welfare function and determined by the degree of income risk and risk aversion. The optimal linear …

colleges for low-income community college students. This paper explores the role that access to information technology, in … first-ever field experiment randomly providing free computers to students, we examine the relationships between access to … experiment indicate that the treatment group of students receiving free computers has a 4.5 percentage point higher probability …