Progressive taxation and income inequality in dynamic competitive equilibrium

Journal of Public Economics

Volumn 66, Issue 1, 1997, Pages 145-171

  Sarte, Pierre Daniel G ^a  

^a FEDERAL RESERVE BANK OF RICHMOND   (United States)

Author keywords

Agent heterogeneity; Dynamic equilibrium; Inequality; Tax progressivity

Indexed keywords

EID: 0031256354     PISSN: 00472727     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0047-2727(97)00026-1     Document Type: Article

References (23)

1. Atkinson, A.B., 1970. On the measurement of inequality. Journal of Economic Theory 2, 244-263.
2. Atkinson, A.B., Rainwater L., Smeeding, T.M., 1995. Income distribution in OECD countries: Evidence from the Luxembourg Income Study (OECD Publications).
3. Barro, R., Sala-i-Martin, X., 1995. Economic growth (McGraw-Hill).
4. Becker, G., 1980. On the long run steady state in a simple dynamic model of equilibrium with heterogenous agents. Quarterly Journal of Economics 95, 375-382.
5. Berliant, M.C., Gouveia, M., 1993. Equal sacrifice and incentive compatible income taxation. Journal of Public Economics 51, 219-240.
6. Berliant, M.C., Strauss, R.P., 1993. Horizontal and vertical equity: A theoretical framework and empirical results for the federal individual income tax: 1966-1987, mimeo.
7. Boyd, J.H. III. 1986. Preferences, technology and dynamic equilibrium, Chap. IV, Ph.D Dissertation (Indiana University).
8. Chatterjee, S., 1991. The effect of transitional dynamics on the distribution of wealth in the neoclassical capital accumulation model, mimeo.
9. Chiswick, B., Mincer, J., 1972. Time series changes in personal income inequality in the United States from 1939 with projections to 1985. Journal of Political Economy 80, 34-66.
10. Davies, D.G., 1980. Measurement of tax progressivity: Comment. American Economic Review 70, 204-207.
11. Epstein, L., Hynes, G., 1983. The rate of time impatience and dynamic economic analysis. Journal of Political economy 91, 611-635.
12. Gouveia, M., Strauss, R.P., 1994. Effective federal individual income tax functions, mimeo.
13. Jones, L.E., Manuelli, R.E., 1990. A convex model of equilibrium growth: Theory and policy implications. Journal of Political Economy 98, 1008-1038.
14. Kienzle, E.C., 1980. Measurement of tax progressivity: Comment. American Economic Review 70, 208-210.
15. King, R.G., Plosser, C.I., Rebelo, S.T., 1988. Production, growth and business cycles I: The basic neoclassical model. Journal of Monetary Economics 21, 195-232.
16. King, R.G., Plosser, C.I., Rebelo, S.T., 1988. Production, growth and business cycles II: New directions. Journal of Monetary Economics 21, 309-341.
17. Musgrave, R.A., Thin, T., 1948. Income tax progression, 1929-48. Journal of Political Economy 56, 498-514.
18. Ramsey, F.P., 1928. A mathematical theory of savings. Economic Journal 38, 543-559.
19. Rebelo, S.T., 1988. Tractable heterogeneity and near steady state dynamics, mimeo.
20. Rebelo, ST., 1991. Long-run policy analysis and long-run growth. Journal of Political Economy 99, 500-521.
21. Suits, D.B., 1977. Measurement of tax progressivity. American Economic Review 67, 747-752.
22. US Bureau of the Census, 1991. Statistical abstract of the United States, 111th ed., Washington, DC.
23. Young, H.P., 1990. Equal sacrifice and progressive taxation. American Economic Review 80, 253-266.