THE EFFECT OF TAXATION ON HUMAN-CAPITAL

• 成果类型: Article
• 署名作者: TROSTEL, PA
• 刊物名称: JOURNAL OF POLITICAL ECONOMY
• ISSN/ISSBN: 0022-3808
• DOI: 10.1086/261878
• 发表日期: 1993
• 页码: 327-350
• 关键词: marginal welfare cost; general equilibrium; UNITED-STATES; TAX-REVENUE; MODEL; EFFICIENCY; substitution; REFORM

摘要

This study finds a significant negative effect of proportional income taxation on human capital. Of the few earlier studies to address this issue, most suggested a negligible effect of taxation on investment in human capital. This earlier conclusion is shown to be incorrect by using a model that is more general in several respects than the models used previously.