Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/189184 
Erscheinungsjahr: 
1992
Schriftenreihe/Nr.: 
Queen's Economics Department Working Paper No. 860
Verlag: 
Queen's University, Department of Economics, Kingston (Ontario)
Zusammenfassung: 
Time inconsistency of tax policy is shown to arise in a setting in which households differ in their ability to accumulate wealth and the government has redistributional objectives. The government can levy non-distorting taxes but is precluded from redistributing optimally by a self-selection constraint. The analysis is done for the case in which all wealth is human capital, and education is a private good. An argument can be made for public intervention in the provision of education.
Dokumentart: 
Working Paper

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