Pareto efficient income taxation with stochastic abilities

Journal of Public Economics

Volumn 92, Issue 3-4, 2008, Pages 844-868

  Battaglini, Marco ^a   Coate, Stephen ^b  

^a PRINCETON UNIVERSITY   (United States)

^b Department of Obstetrics Gynecology   (United States)

Author keywords

New dynamic public finance; Optimal taxation

Indexed keywords

EID: 38949164334     PISSN: 00472727     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jpubeco.2007.06.006     Document Type: Article

References (20)

1. Battaglini M. Long term contracting with Markovian consumers. American Economic Review 95 (2005) 637-658
2. Battaglini M. Optimality and Renegotiation in Dynamic Contracting. Games and Economic Behavior 60 (2007) 213-246
3. Berliant, Marcus, Ledyard, John, 2003. Optimal Dynamic Nonlinear Income Taxes with No Commitment. mimeo, California Institute of Technology.
4. Brito D., Hamilton J., Slutsky S., and Stiglitz J. Dynamic optimal taxation with commitment. Journal of Public Economics 44 (1991) 15-35
5. Chari V.V., and Kehoe P. Optimal fiscal and monetary policy. In: Taylor J., and Woodford M. (Eds). Handbook of Macroeconomics (1999), Elsevier, New York
6. Chari V.V., Kehoe P., and Prescott E. Time consistency and policy. In: Barro R. (Ed). Modern Business Cycle Theory (1989), Harvard University Press, Cambridge
7. Diamond P., and Mirrlees J. A model of social insurance with variable retirement. Journal of Public Economics 10 (1978) 295-336
8. Golosov M., Kocherlakota N., and Tsyvinski A. Optimal indirect and capital taxation. Review of Economic Studies 70 (2003) 569-588
9. Kocherlakota N. Zero expected wealth taxes: a Mirrlees approach to dynamic optimal taxation. Econometrica 73 (2005) 1587-1622
10. Kocherlakota, Narayana, 2006. "Advances in Dynamic Optimal Taxation" to appear in Advances in Economics and Econometrics, Theory and Applications: Ninth World Congress of the Econometric Society.
11. Kydland F., and Prescott E. Rules rather than discretion: the inconsistency of optimal plans. Journal of Political Economy 85-3 (1977) 473-491
12. Mirrlees J. An exploration in the theory of optimum income taxation. Review of Economic Studies 38 (1971) 175-208
13. Okun A. Equality and Efficiency: The Big Tradeoff (1975), The Brookings Institution, Washington, DC
14. Ordover J., and Phelps E. The concept of optimal taxation in the overlapping generations model of capital and wealth. Journal of Public Economics 12 (1979) 1-26
15. Roberts K. The theoretical limits to redistribution. Review of Economics Studies LI (1984) 177-195
16. Rogerson W. Repeated moral hazard. Econometrica 53 (1985) 69-76
17. Stiglitz J. Self-selection and Pareto efficient taxation. Journal of Public Economics 17 (1982) 213-240
18. Stiglitz J. In: Auerbach A., and Feldstein M. (Eds). The Theory of Pareto-Efficient and Optimal Redistributive Taxation. Handbook of Public Economics volume II (1985), Elsevier, Amsterdam
19. Stiglitz J. Inequality and capital taxation. IMSSS Technical Report vol. 457 (1985), Stanford University
20. Stokey N. Reputation and time consistency. American Economic Review Papers and Proceedings 79-2 (1989) 134-139