Privacy, time consistent optimal labor income taxation and education policy

Published By: IZA on eSS | Published Date: December, 09 , 1999

Incomplete 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(1297) | Download (147)


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