Optimal Capital Versus Labor Taxation with Innovation-Led Growth
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下载链接：
https://www.nber.org/papers/w19086
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资源简介：
Chamley (1986) and Judd (1985) showed that, in a standard neoclassical growth model with capital accumulation and infinitely lived agents, either taxing or subsidizing capital cannot be optimal in the steady state. In this paper, we introduce innovation-led growth into the Chamley-Judd framework,
提供机构：
美国国家经济研究局
创建时间：
2013-05-01
