Investment in human capital: an optimal taxation approach

Investment in human capital: an optimal taxation approach

I had the pleasure of attending the Hurwicz Workshop, an exceptional conference bringing together experts in the mathematical approach to economic theory. The event focused on a wide range of topics, including decision theory, game theory, general equilibrium, and mechanism design. The conference provided a great platform for networking and intellectual exchange, fostering collaborations between researchers from different backgrounds. Engaging presentations and thought-provoking debates made it a highly valuable experience.

During the workshop, I presented my research titled "Investment in Human Capital: An Optimal Taxation Approach." My study addresses the growing policy concerns surrounding education financing and the increasing burden of student debt. Given the public goods nature of human capital, individuals tend to underinvest in education relative to the social optimum. My research explores how public intervention, through taxation and subsidies, can optimize human capital investment. I analyze these mechanisms in an dynastic model with heterogeneous families to assess the trade-offs between centralized and decentralized education financing. The key question is how to design a socially acceptable and efficient funding system.

 

 

05/Dec/2024 - 07/Dec/2024
Warsaw, Poland