A generalization of J. A. Mirrlees's (1971) income taxation model is formulated in which qualifications of workers are both endogenous and observable by the government. Individuals differ by their unobservable abilities, which simultaneously affect their disutility of labor and their cost of training. In general, the optimal tax schedule depends not only on income but also on its 'components,' i.e., wage rate (or qualification) and labor supply. The authors find conditions under which it is optimal to subsidize lower qualifications or to encourage work sharing. Copyright 1995 by The editors of the Scandinavian Journal of Economics.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Volume (Year): 97 (1995) Issue (Month): 4 (December) Pages: 621-33 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)