Sorry, you need to enable JavaScript to visit this website.
Person

A.L. Booth

Report

Tax policy and returns to education


This paper considers how asymmetric tax treatment, where labour market earnings are taxed but household production is untaxed, affects educational choice and labour supply in a perfectly competitive labour market. The authors show that taxes on labour market earnings can generate a large (non-marginal) switch to home production and the ensuing deadweight losses are large...

ADVERTISEMENT