Education Policies and Taxation without Commitment

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 ed...

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Veröffentlicht in:	The Scandinavian journal of economics 2018-10, Vol.120 (4), p.1075-1099
Hauptverfasser:	Findeisen, Sebastian, Sachs, Dominik
Format:	Artikel
Sprache:	eng
Schlagworte:	Commitment Economic models Education policy Inequality Redistribution Subsidies Tax rates Taxation time inconsistency
Online-Zugang:	Volltext
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