Mark Huggett
Biographic Data
| ID | 5735826 |
|---|---|
| NAME | Mark Huggett |
| GIVEN NAMES | Mark |
| FAMILY NAME | Huggett |
| SIGNATURE | HUGGETT M |
| AFFILIATIONS | Georgetown University |
| VERIFIED | No |
| TOTAL WORKS | 2 |
| TOTAL CITATIONS | 4 |
| WORKS AS AUTHOR | 2 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2010 |
| LATEST PUBLICATION YEAR | 2020 |
| H-INDEX | 1 |
Taxing Top Earners
An established view is that the revenue maximising top tax rate for the US is approximately 73%. In contrast, the revenue maximising top tax rate is approximately 49% in our quantitative human capital model. The key reason for the lower top tax rate is the presence of two new forces not captured by the model underlying the established view. These new forces are strengthened by the endogenous response of top earners’ human capital to a change in t…
How Well Does the U.S. Social Insurance System Provide Social Insurance
We analyze the insurance provided by the U.S. social security and income tax system within a model in which agents receive idiosyncratic, wage rate shocks that are privately observed. We consider two reforms: a piecemeal reform that optimally chooses the social security benefit function and a radical reform that eliminates the entire social insurance system and replaces it with an optimal tax on lifetime earnings. The radical reform outperforms t…
Taxing Top Earners
An established view is that the revenue maximising top tax rate for the US is approximately 73%. In contrast, the revenue maximising top tax rate is approximately 49% in our quantitative human capital model. The key reason for the lower top tax rate is the presence of two new forces not captured by the model underlying the established view. These new forces are strengthened by the endogenous response of top earners’ human capital to a change in t…
How Well Does the U.S. Social Insurance System Provide Social Insurance
We analyze the insurance provided by the U.S. social security and income tax system within a model in which agents receive idiosyncratic, wage rate shocks that are privately observed. We consider two reforms: a piecemeal reform that optimally chooses the social security benefit function and a radical reform that eliminates the entire social insurance system and replaces it with an optimal tax on lifetime earnings. The radical reform outperforms t…
How Well Does the U.S. Social Insurance System Provide Social Insurance
We analyze the insurance provided by the U.S. social security and income tax system within a model in which agents receive idiosyncratic, wage rate shocks that are privately observed. We consider two reforms: a piecemeal reform that optimally chooses the social security benefit function and a radical reform that eliminates the entire social insurance system and replaces it with an optimal tax on lifetime earnings. The radical reform outperforms t…
Taxing Top Earners
An established view is that the revenue maximising top tax rate for the US is approximately 73%. In contrast, the revenue maximising top tax rate is approximately 49% in our quantitative human capital model. The key reason for the lower top tax rate is the presence of two new forces not captured by the model underlying the established view. These new forces are strengthened by the endogenous response of top earners’ human capital to a change in t…
Economics (2 works) · Finance (2 works) · Finance (2 works) · Fiscal Policy and Economic Growth (2 works) · Gender, Labor, and Family Dynamics (2 works) · Labour economics (2 works) · Capital (architecture (1 work) · Earnings (1 work) · Financial Literacy, Pension, Retirement Analysis (1 work) · Geometry (1 work)