Income Taxation in a Life Cycle Model with Human Capital

Michael Keane ()

No 201117, Working Papers from ARC Centre of Excellence in Population Ageing Research (CEPAR), Australian School of Business, University of New South Wales

Abstract: This paper examines the effect of labor income taxation in life-cycle models where work experience builds human capital. In this case, the wage no longer equals the opportunity cost of time - which is, instead, the wage plus returns to work experience. This has a number of interesting consequences.

Pages: 43 pages
Date: 2011-07
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Citations: View citations in EconPapers (12)

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Related works:
Working Paper: Income Taxation in a Life Cycle Model with Human Capital (2012)
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