Coase Lecture—Human Capital, Inequality and Tax Reform: Recent Past and Future Prospects
分析了发达国家不平等加剧的现状,预测低技能工人实际工资将持续停滞,高技能职业将主导收入增长,并提出了应对税制与福利体系压力的改革蓝图。
Even before the financial crisis, many developed economies were facing growing inequality and struggling to maintain employment and earnings. This paper addresses two key questions. What has happened to inequality? Where will tax and welfare reforms have most impact? The UK is used as a running example. The analysis suggests that the pattern of sluggish real wages at the bottom looks set to continue, and longer‐term earnings growth will come mainly from high‐skilled occupations. Growing earnings inequality will bring increasing pressure on the tax and welfare system. A blueprint for a coherent tax policy reform is presented.