Findeisen, Sebastian
Education policies and taxation without commitment / Sebastian Findeisen, Dominik Sachs .-- , 2018
Disponible también en formato electrónico a través de la Biblioteca del IEF.
Resumen
Bibliografía.
We study the implications of limited commitment on education and tax policies set by benevolent governments. Consistent with real‐world practices, a government can decide to subsidize different levels of education at different rates. A lack of commitment, however, affects the optimal structure of education subsidies. The direction of the effect depends on how labor taxes are designed. With linear labor tax rates and a transfer for redistribution, subsidies become more progressive. By contrast, if the government is only constrained by informational asymmetries when designing taxes, subsidies become more regressive.
ENSEÑANZA
EDUCACION
SUBVENCIONES PUBLICAS
POLITICA FISCAL
TIPOS DE GRAVAMEN
Sachs, Dominik
The Scandinavian Journal of Economics 0347-0520 v. 120, n. 4, 2018, p. 1075-1099
Education policies and taxation without commitment / Sebastian Findeisen, Dominik Sachs .-- , 2018
Disponible también en formato electrónico a través de la Biblioteca del IEF.
Resumen
Bibliografía.
We study the implications of limited commitment on education and tax policies set by benevolent governments. Consistent with real‐world practices, a government can decide to subsidize different levels of education at different rates. A lack of commitment, however, affects the optimal structure of education subsidies. The direction of the effect depends on how labor taxes are designed. With linear labor tax rates and a transfer for redistribution, subsidies become more progressive. By contrast, if the government is only constrained by informational asymmetries when designing taxes, subsidies become more regressive.
ENSEÑANZA
EDUCACION
SUBVENCIONES PUBLICAS
POLITICA FISCAL
TIPOS DE GRAVAMEN
Sachs, Dominik
The Scandinavian Journal of Economics 0347-0520 v. 120, n. 4, 2018, p. 1075-1099