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Privacy, Time Consistent Optimal Labour Income Taxation and Education Policy

Kai Konrad

No 2326, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: Incomplete information is a commitment device for time consistency problems. In the context of time consistent labour income taxation privacy reduces welfare losses and increases the effectiveness of public education as a second best policy.

Keywords: Privacy; Time Inconsistent Income Taxation (search for similar items in EconPapers)
JEL-codes: H21 H23 (search for similar items in EconPapers)
Date: 1999-12
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Citations: View citations in EconPapers (4)

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