investments through equity rather than debt andsupply income insurance. The government, however, can circumventthis problem and … equityfinancing of education coupled to provision of some income insuranceis the optimal way to finance education when private markets …

We analyze the redistributive (dis)advantages of a minimum wage over income taxation in competitive labor markets. A …

This paper extends the Mirrlees (1971) model of optimal non-linear income taxation with a monitoring technology that … implemented. Monitoring of labor effort reduces the distortions created by income taxation and raises optimal marginal tax rates …, which increases if individuals earn a lower income (provide less work effort) or have a higher earning ability. We analyze …

optimal non-linear taxes on labor and capital income in the presence of such return heterogeneity. We allow for two distinct … positive tax on capital income is part of a Pareto-efficient dual income tax structure. We write optimal tax rates on capital … income in terms of sufficient statistics and find that they are increasing in the degree of return heterogeneity. Numerical …

optimal non-linear taxes on labor and capital income in the presence of such return heterogeneity. We allow for two distinct … positive tax on capital income is part of a Pareto-efficient dual income tax structure. We write optimal tax rates on capital … income in terms of sufficient statistics and find that they are increasing in the degree of return heterogeneity. Numerical …

This paper extends the Mirrlees (1971) model of optimal non-linear income taxation with a monitoring technology that … effort reduces the distortions created by income taxation and raises optimal marginal tax rates, possibly above 100 percent …, active labormarket policies, benefit sanctions and work bonuses in welfare programs to redistribute income efficiently. …

investments through equity rather than debt andsupply income insurance. The government, however, can circumventthis problem and … equityfinancing of education coupled to provision of some income insuranceis the optimal way to finance education when private markets …

We analyze the redistributive (dis)advantages of a minimum wage over income taxation in competitive labor markets. A …

This paper extends the Mirrlees (1971) model of optimal non-linear income taxation with a monitoring technology that … implemented. Monitoring of labor effort reduces the distortions created by income taxation and raises optimal marginal tax rates …, which increases if individuals earn a lower income (provide less work effort) or have a higher earning ability. We analyze …

risky investments through equity rather than debt and supply income insurance. The government, however, can circumvent this … public equity financing of education coupled to provision of some income insurance is the optimal way to finance education …