Optimal Taxation in an RBC Model: A Linear-Quadratic Approach
收藏NBER2005-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w11029
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资源简介：
We reconsider the optimal taxation of income from labor and capital in the stochastic growth model analyzed by Chari et al. (1994, 1995), but using a linear-quadratic (LQ) approximation to derive a log-linear approximation to the optimal policy rules. The example illustrates how inaccurate "naive"
提供机构：
美国国家经济研究局
创建时间：
2005-01-01
