A note on incomplete factor taxation

被引：9

作者：

Armenter, Roc ^{[1
]}

机构：

[1] Fed Reserve Bank New York, New York, NY USA

来源：

JOURNAL OF PUBLIC ECONOMICS | 2008年 / 92卷 / 10-11期

关键词：

Ramsey equilibrium; Incomplete Factor Taxation;

D O I：

10.1016/j.jpubeco.2008.04.015

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Optimal capital taxes may be positive in the steady state in Ramsey models with an incomplete set of factor taxes. I show this possibility crucially depends on how fiscal policy is constrained at date t=0. If the government is barred from manipulating the value of initial assets, the Chamley-Judd result reappears: the optimal capital tax is always zero in the steady state. (C) 2008 Elsevier B.V. All rights reserved.

引用

页码：2275 / 2281

页数：7

共 9 条

[1]

ALBANESI S, 2007, INTERTEMPORAL UNPUB

[2]

Atkeson A., 1999, Quarterly Review Sum, P3

[3] OPTIMAL TAXATION OF CAPITAL INCOME IN GENERAL EQUILIBRIUM WITH INFINITE LIVES [J].