Should capital be taxed?

DOI10.1016/J.ECONLET.2021.109746zbMath1460.91152OpenAlexW3090330563MaRDI QIDQ2659984

Yanyan Li

Publication date: 29 March 2021

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2021.109746

zbMATH Keywords

wealth distributionheterogeneous agentsincomplete marketsRamsey problemgovernment bondsmodified golden ruleoptimal capital taxation

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Heterogeneous agent models (91B69)

Cites Work

• Constrained Efficiency in the Neoclassical Growth Model With Uninsurable Idiosyncratic Shocks
• Optimal Taxation of Capital Income in General Equilibrium with Infinite Lives
• Wealth and Volatility

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