Optimal income taxation with a stationarity constraint in a dynamic stochastic economy
نویسندگان
چکیده
منابع مشابه
Optimal Income Taxation with a Stationarity Constraint in a Dynamic Stochastic Economy
We consider the optimal nonlinear income taxation problem in a dynamic, stochastic environment when the government cannot change the tax rule as uncertainty resolves. Due to such a stationarity constraint, our taxation problem is reduced to a static one over an expanded type space. We strengthen the argument in the static model that the zero topmarginal tax rate result is of little practical im...
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ژورنال
عنوان ژورنال: Journal of Public Economic Theory
سال: 2017
ISSN: 1097-3923
DOI: 10.1111/jpet.12239