Time consistent taxation by a government with redistributive goals

DOI10.1006/JETH.1996.2217zbMATH Open0883.90055OpenAlexW2058454962MaRDI QIDQ1363365FDOQ1363365

Authors Ennio Stacchetti, David G. Pearce

Publication date 7 August 1997

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL http://hdl.handle.net/2027.42/100989

zbMATH Keywords

time consistencyconstrained-optimal equilibriumlinear tax schedule

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

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Cites work

• scientific article; zbMATH DE number 3531161 (Why is no real title available?)
• An Analysis of the Principal-Agent Problem
• Collective dynamic consistency in repeated games
• Computing Multi-Period, Information-Constrained Optima
• Extremal equlibria of oligopolistic supergames
• On Repeated Moral Hazard with Discounting
• On the Theory of Infinitely Repeated Games with Discounting
• Optimal cartel equilibria with imperfect monitoring
• Rational Expectations and Policy Credibility Following a Change in Regime
• Renegotiation and symmetry in repeated games
• Renegotiation in repeated games
• The Folk Theorem with Imperfect Public Information
• The law of large numbers with a continuum of i.i.d. random variables
• Toward a Theory of Discounted Repeated Games with Imperfect Monitoring

Cited in

(8)

• Stationary Markovian equilibrium in altruistic stochastic OLG models with limited commitment
• Production subsidies and redistribution
• Dynamic Inconsistency, Rational Expectations, and Optimal Government Policy
• Time-Consistent Public Policy
• Credible monetary policy in an infinite horizon model: Recursive approaches
• Optimal taxes without commitment
• A strategic dynamic programming method for studying short-memory equilibria of stochastic games with uncountable number of states
• The time-inconsistency problem of labor taxes and constitutional constraints

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