can live in a nursing home, live alone in the community, or live with any child who has invited coresidence. The second … that family members cannot or will not make binding agreements at the first stage regarding transfers at the second stage …

income taxes and education subsidies in two-type models with endogenous human capital formation, endogenous labor supply, and … investment in human capital, whether general equilibrium effects are present or not. If skilled labor supply is more elastic than … unskilled labor supply, optimal redistributive linear income taxes are lowered as the distributional gains of linear taxes are …

This paper bolsters Prescott's (2004) claim that high taxes are responsible for lacklustre labor market performance in … continental European countries. We develop a lifecycle model with endogenous skill formation, endogenous labor supply, and … endogenous retirement. Labor taxation distorts not only labor supply, but also education and retirement decisions. Actuarially …

We develop a model of education where individuals face educational risk. Successfully entering the skilled labor sector … in a Second-best setting. Contrary to standard models of income risk, it is not optimal to use a proportional wage tax …

linear labor tax rate and optimal linear education subsidies. The optimal income tax trades off social insurance against … at off-setting the distortions of the labor tax and internalizing a fiscal externality. Both optimal education subsidies … and tax rates increase if labor and education are more complementary, since education subsidies indirectly lower labor tax …

. If education is complementary to labor effort, education should be subsidized to offset tax distortions on labor supply … neither taxed nor subsidized. In particular, with non-linear tax instruments, education should be weakly separable from labor …