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.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
FP7-PEOPLE-2013-CIG
See other projects for this call
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
MC-CIG - Support for training and career development of researcher (CIG)
Coordinator
110 00 PRAHA 1
Czechia
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.