On the role of progressive taxation in a Ramsey model with heterogeneous households

DOI10.1016/J.JMATECO.2010.08.005MaRDI QIDQ617606zbMATH OpenOpenAlexFDO

Authors Stefano Bosi, Thomas Seegmuller

Publication date 21 January 2011

Published in Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jmateco.2010.08.005

zbMATH Keywords

borrowing constraintendogenous labor supplyheterogeneous agentsmacroeconomic stabilityprogressive taxationsteady state allocation

Mathematics Subject Classification ID

Economic growth models (91B62) Macroeconomic theory (monetary models, models of taxation) (91B64) Heterogeneous agent models (91B69)

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Cites work

• A characterization of Ramsey equilibrium
• Capital-labor substitution and competitive nonlinear endogenous business cycles
• Differentiated capital and the distribution of wealth
• Existence and specific characters of rentiers: a savers-spenders theory approach
• scientific article; zbMATH DE number 17281 (Why is no real title available?)
• Indeterminacy and increasing returns
• Indeterminacy and stabilization policy
• On the long-run distribution of capital in the Ramsey model
• On the Ramsey equilibrium with heterogeneous consumers and endogenous labor supply
• On the role of progressive taxation in a Ramsey model with heterogeneous households
• Stationary sunspot equilibria in a finance constrained economy
• Strategic Ramsey equilibrium dynamics
• Strategic saving decisions in the infinite-horizon model
• The local bifurcation of Ramsey equilibrium

Cited in

(9)

• Progressive taxation and macroeconomic (in)stability with productive government spending
• Progressive consumption tax and monetary policy in an endogenous growth model
• Progressive taxation as an automatic destabilizer under endogenous growth
• Progressive taxation as an automatic stabilizer under nominal wage rigidity and preference shocks
• On the role of progressive taxation in a Ramsey model with heterogeneous households
• The long run effects of changes in tax progressivity
• Can progressive taxation account for cross-country variation in labor supply?
• The Ramsey steady-state conundrum in heterogeneous-agent economies
• On the Ramsey equilibrium with heterogeneous consumers and endogenous labor supply

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