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Family labor supply and aggregate saving

Monteiro, Paulo Santos (contributor) - 2008

Persistent link: https://www.econbiz.de/10003866035

Richter, Wolfram F. - 2009

Assuming a two-period model with endogenous choices of labour, education, and saving, it is shown to be second-best efficient to deviate from Ramsey's Rule and to distort qualified labour less than nonqualified labour. The result holds for arbitrary utility and learning functions. Efficient...

Persistent link: https://www.econbiz.de/10003818036

Taxing education in Ramsey's tradition

Richter, Wolfram F. - 2009

Assuming a two-period model with endogenous choices of labour, education, and saving, it is shown to be second-best efficient to deviate from Ramsey's Rule and to distort qualified labour less than nonqualified labour. Furthermore, if the earnings function displays constant elasticity, the...

Persistent link: https://www.econbiz.de/10003884978

On the desirability of taxing capital income to reduce moral hazard in social insurance

Jacobs, Bas; Schindler, Dirk - 2009

This paper analyzes optimal linear taxes on labor income and savings in a standard two-period life-cycle model with … more attractive for social insurance if a larger part of risk is realized in the first period of the life-cycle. Our …-age individuals. -- optimal capital taxation ; risk ; Atkinson-Stiglitz theorem …

Persistent link: https://www.econbiz.de/10003887539