Organization of Knowledge and Taxation by Ctirad Slavik

Join us for this weeks Macroeconomics Research Seminar, Autumn Term 2024.

Ctirad Slavik, from CERGE-EI, will present this weeks Macroeconomics seminar on Organization of Knowledge and Taxation.

Abstract

This paper studies how labor income taxation interacts with the organization of knowledge and production, and ultimately the distribution of wages in the economy. A more progressive tax system reduces the time that managers allocate to work. This makes the organization of production less efficient and reduces wages at both tails of the distribution, which increases lower tail wage inequality and decreases upper tail wage inequality. The optimal tax system is substantially less progressive than the current one in the United States. However, if wages were exogenous, the optimal tax progressivity would be much higher.

 

This seminar will be held on campus in 5B.307 at 1.30pm on Tuesday 8 October 2024. This event is open to all levels of study and is also open to the public. To register your place, please contact the seminar organisers.

This event is part of the Macroeconomics Research Seminar Series.