realistic cases where only a limited fraction of climate uncertainty resolves, where future policy-makers have own agendas, or …

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 …