education, in addition to discussing how technological change creates new challenges for the taxation of income and consumption … crises. Finally, we summarize the key issues discussed at the 2021 International Institute of Public Finance Congress and the …

This paper considers how optimal education and tax policy depends on the risk properties of human capital. It is … positive or a negative education premium. In the same model a positive intertemporal wedge is optimal. A set of generalizations …, including non-observability of education, non-observability of consumption, and temporal resolution of uncertainty, are then …

education, in addition to discussing how technological change creates new challenges for the taxation of income and consumption … crises. Finally, we summarize the key issues discussed at the 2021 International Institute of Public Finance Congress and the …

Justification for policies to encourage investments in education, particularly for individuals at the lower end of the … potentially loss averse around their expected outcome make risky investments in education and we draw on optimal tax theory to … preferences, standard risk aversion and labour supply behaviour, (ii) the risk properties of education, and (iii) the degree of …