ダウンロード数: 135
| タイトル: | The Impact of Taxes and Transfers on Skill Premium |
| 著者: | Takahashi, Shuhei   Yamada, Ken |
| キーワード: | Skill premium capital-skill complementarity incomplete markets capital income taxation composition effect |
| 発行日: | Aug-2017 |
| 出版者: | Institute of Economic Research, Kyoto University |
| 誌名: | KIER Discussion Paper |
| 巻: | 976 |
| 開始ページ: | 1 |
| 終了ページ: | 36 |
| 抄録: | The level of wage inequality has varied across advanced industrial countries. One of the main reasons has been a significant difference in the skill wage premium. This paper analyzes the impact of taxes and transfers on skill premium and social welfare in a heterogeneous-agents incomplete-markets model, extended to allow for capital-skill complementarity. Our analysis shows that a significant fraction of the difference in the skill wage premium between the United States and Japan can be attributed to the difference in the tax rate on capital income. |
| 記述: | Revised: October 2018 |
| URI: | http://hdl.handle.net/2433/228361 |
| 出現コレクション: | KIER Discussion Paper (英文版) |
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