POSITIONAL CONCERNS IN AN OLG MODEL OPTIMAL LABOR AND CAPITAL INCOME TAXATION

Forskningsoutput: TidskriftsbidragArtikel i vetenskaplig tidskrift

Abstract

This article concerns optimal income taxation under asymmetric information in a two type OLG model when indi viduals relative consumption matters Positional concerns affect the policy choices via two channels (i) the average degree of positionality and (ii) positionality differences between the low ability type and the mimicker Under plausible empirical estimates the marginal labor income tax rates become substantially larger and the absolute value of the marginal capital income tax rate of the low ability type becomes substantially smaller than in the conventional model In addition to measures of reference consumption based on average consumption we also address within generation and upward comparisons

Detaljer

Författare
  • T Aronsson
  • O Johansson-Stenman
Forskningsområden

Ämnesklassifikation (UKÄ) – OBLIGATORISK

  • Geovetenskap och miljövetenskap
Originalspråkengelska
Sidor (från-till)1071-1095
TidskriftInternational Economic Review
Volym51
Utgåva nummer4
StatusPublished - 2010
PublikationskategoriForskning
Peer review utfördJa
Externt publiceradJa