Optimal Taxation and Debt with Uninsurable Risks to Human Capital Accumulation
We consider an economy where individuals face uninsurable risks to their human capital accumulation and analyze the optimal level of linear taxes on capital and labor income together with the optimal path of government debt. We show that in the presence of such risks, it is beneficial to tax both la...
محفوظ في:
المؤلفون الرئيسيون: | GOTTARDI, Piero, KAJII, Atsushi, NAKAJIMA, Tomoyuki |
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التنسيق: | text |
اللغة: | English |
منشور في: |
Institutional Knowledge at Singapore Management University
2015
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الموضوعات: | |
الوصول للمادة أونلاين: | https://ink.library.smu.edu.sg/soe_research/1799 https://ink.library.smu.edu.sg/context/soe_research/article/2798/viewcontent/aer_2E20110576.pdf |
الوسوم: |
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المؤسسة: | Singapore Management University |
اللغة: | English |
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