It is important to ask how governmental expenditures on education affect economic equality.
Arrow (1971) has shown that public expenditure on different individuals with different ability …

This paper studies the problem of the optimal mix of linear taxes on wages and on interest in
a dynamic maximin economy in which workers differ according to their abilities and in which …

Time inconsistency of tax policy is shown to arise in a setting where households differ in
their ability to accumulate wealth and where the government has redistributional objectives …

In this paper we consider three different ways of incorporating individuals' educational
choices into the design of optimal income tax policy. In one variant of the model (case 2) …

The paper studies the design of an educational policy within the context of an optimal
taxation model where individuals are free to choose how much education to acquire, and …

An optimal taxation framework is considered in which part of the population can take
advantage of investment in higher education. It is shown that social welfare can sometimes …

An efficiency argument for public subsidies to education is proposed in this study.
Subsidizing education is shown to be welfare improving because it makes the tax system …

The fact that education provides both a productive and a consumptive (nonproductive) return
has important and, in some cases, dramatic implications for optimal taxes and tuition fees …

When incomes are exogenously given, U. Jakobsson (Journal of Public Economics s 5
(1976), 161–168) proved that a progressive tax structure always reduces inequality. We …

Recent theories of optimal income taxation consider two alternative social ordering relations:
the classical sum-of-utilities (ie an additive social welfare function) and Rawls' max-min …