Learning and (or) Doing: Human Capital Investments and Optimal Taxation
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This paper considers a dynamic taxation problem when agents can allocate their time between working and investing in their human capital. Time investment in human capital, or "training," increases the wage and can interact with an agent's intrinsic, exogenous, and stochastic earnings ability. It
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美国国家经济研究局创建时间:
2015-07-01



