On the Optimal Provision of Social Insurance: Progressive Taxation versus Education Subsidies in General Equilibrium
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https://www.nber.org/papers/w21538
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In this paper we compute the optimal tax and education policy transition in an economy where progressive taxes provide social insurance against idiosyncratic wage risk, but distort the education decision of households. Optimally chosen tertiary education subsidies mitigate these distortions. We
提供机构：
美国国家经济研究局
创建时间：
2015-09-01
