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 …

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 …

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 …

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

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

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 …