Privacy, time consistent optimal labor income taxation and education policy
Published By: IZA on eSS | Published Date: December, 09 , 1999Incomplete information is a commitment device for time consistency problems. In the context of time consistent labour income taxation privacy can lead to a Pareto superior outcome and increases the effectiveness of public education as a second best policy. [IZA DP No. 82] http://ftp.iza.org/dp82.pdf
Author(s): Kai A. Konrad | Posted on: Jul 09, 2010 | Views(1213) | Download (147)