Optimal Taxation and Education Subsidies
|Researchers:||Fabian Becker, Dirk Krueger, Alexander Ludwig, Faisal Sohail|
This project was part of the DFG project "Trends in Inequality: Sources and Policy (TRISP)"
Topic & Objectives
Characterization of optimal mix between early (primary school) and late (secondary school) education subsidies, subsidies to higher education and progressive income taxation in a quantitative macro public finance model with endogenous education choices and human capital investment decisions by parents into their children.
Optimal policy in the US is characterized by higher non-tertiary and tertiary education subsidies. There exists a strong complementarity between these instruments. Thus, welfare effects of tertiary education subsidies increase if non-tertiary education subsidies are in place.
Education financing in the US should be more European.
Related Published Papers
|Dirk Krueger, Alexander Ludwig, Sergio Villalvazo||Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk|
Journal of Public Economics
|2021||Macro Finance||Idiosyncratic riskTaxation of capitalOverlapping generationsPrecautionary savingPecuniary externalities|
|Tobias Tröger||Regulation of Crowdfunding in Germany|
Legal Aspects of Crowdfunding. In: Ius Comparatum - Global Studies in Comparative Law (Springer)
|2021||Macro Finance||crowdfunding, crowdsponsoring, crowdlending, crowdinvesting, contract law, conflict of laws, banking regulation, securities regulation|
Related Working Papers
|201||Dirk Krueger, Alexander Ludwig||Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk||2018||Macro Finance||Idiosyncratic Risk, Taxation of Capital, Overlapping Generations, Precautionary Saving, Pecuniary Externality|
|110||Dirk Krueger, Philipp Krüger, Alexander Ludwig||On the Optimal Provision of Social Insurance||2015||Macro Finance||Progressive Taxation, Education Subsidy, Transitional Dynamics|
|184||Tobias Tröger||Remarks on the German Regulation of Crowdfunding||2017||Macro Finance||crowdinvesting, crowdfunding, fintech, financial stability, market infrastructure, investor protection|
|199||Tobias Tröger||Regulation of Crowdfunding in Germany||2018||Macro Finance||crowdfunding, crowdsponsoring, crowdlending, crowdinvesting, contract law, conflict of laws, banking regulation, securities regulation|
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