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Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk

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NBER2018-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w24335
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资源简介:
We characterize the optimal linear tax on capital in an Overlapping Generations model with two period lived households facing uninsurable idiosyncratic labor income risk. The Ramsey government internalizes the general equilibrium feedback of private precautionary saving. For logarithmic utility our
提供机构:
美国国家经济研究局
创建时间:
2018-02-01
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