Discussion Papers no. 313

Optimal combinations of income tax and subsidies for education

Nielsen and Sørensen (1997) find that progressive taxation of labour income is optimal when capital income is taxed. This paper shows that their main result still holds when introducing endogenous choice of occupation, individuals with non- pecuniary preferences for one type of occupation, and tuition fees into the model, provided the subsidy rate for tuition in the high skill occupation is not too low. However, a new result in this paper state that efficiency can be reached when labour income tax is proportional and capital income is taxed, provided that the rates of subsidies for tuition are lower than the labour income tax rate.

Om publikasjonen

Tittel

Optimal combinations of income tax and subsidies for education

Ansvarlig

Geir Haakon Bjertnæs

Serie og -nummer

Discussion Papers no. 313

Utgiver

Statistics Norway, Research Department

Emne

Discussion Papers

Antall sider

21

Målform

Engelsk

Om Discussion Papers

Discussion papers comprise research papers intended for international journals and books. A preprint of a Discussion Paper may be longer and more elaborate than a standard journal article as it may include intermediate calculations, background material etc.

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