Taxation, risk-taking and growth: a continuous-time stochastic general equilibrium analysis with labor-leisure choice

DOI10.1016/j.jedc.2003.10.001zbMath1200.91177OpenAlexW2014389854MaRDI QIDQ953662

Turalay Kenc

Publication date: 6 November 2008

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2003.10.001

zbMATH Keywords

recursive utilityrisk-takinglabor flexibilitycapital and labor income taxation

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Dynamic stochastic general equilibrium theory (91B51)

Related Items (3)

Does tax competition really promote growth? ⋮ Production technologies in stochastic continuous time models ⋮ Equilibrium consumption and precautionary savings in a stochastically growing economy

Cites Work

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• The Sullying Effect of Recessions
• Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework
• Portfolio Selection with Transaction Costs

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