OPTITAX

Dynamic Optimal Taxation with Human Capital Formation

Coordinatore	NARODOHOSPODARSKY USTAV AKADEMIE VED CESKE REPUBLIKY VEREJNA VYZKUMNA INSTITUCE    more  Organization address address: Politickych veznu 7 city: PRAHA 1 postcode: 11121 contact info Titolo: Dr. Nome: Ondrej Cognome: Rydval Email: send email Telefono: 420224000000 Fax: 420224000000
Nazionalità Coordinatore	Czech Republic [CZ]
Totale costo	100˙000 €
EC contributo	100˙000 €
Programma	FP7-PEOPLE Specific programme "People" implementing the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007 to 2013)
Code Call	FP7-PEOPLE-2013-CIG
Funding Scheme	MC-CIG
Anno di inizio	2014
Periodo (anno-mese-giorno)	2014-05-01   -   2018-09-29

 Partecipanti

#	participant	country	role	EC contrib. [€]
1	NARODOHOSPODARSKY USTAV AKADEMIE VED CESKE REPUBLIKY VEREJNA VYZKUMNA INSTITUCE  Organization address address: Politickych veznu 7 city: PRAHA 1 postcode: 11121 contact info Titolo: Dr. Nome: Ondrej Cognome: Rydval Email: send email Telefono: 420224000000 Fax: 420224000000	CZ (PRAHA 1)	coordinator	100˙000.00

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 Obiettivo del progetto (Objective)

'In the proposed research project I plan to investigate optimal tax policies and efficient allocations in an environment where people can increase their skills either by formal schooling or by informal schooling like on the job training. Unlike the existing dynamic optimal tax literature I plan to explicitly consider both formal and informal schooling. This will allow me to analyze two distinct dimensions of the optimal schooling policies, and to assess and compare the potential welfare gains from both. I also plan to solve the problem under realistic assumptions about the heterogeneity in the economy. In particular, I will allow for heterogeneity in both abilities, and in realized returns to human capital over a life-cycle. Models with both of those elements have been successful in replicating and explaining the distribution of earnings and consumption observed in the data. The project's main contribution is to study optimal taxation with human capital in a framework that is both realistic enough to be useful for policy analysis, and at the same time tractable enough to allow us to carry out the analysis. Its ambition is to come up with quantitative findings that will set a benchmark for the literature studying optimal taxation with human capital formation.'