Bierbrauer, Felix ORCID: 0000-0003-3879-9607 (2014). Optimal Tax and Expenditure Policy with Aggregate Uncertainty. Am. Econ. J.-Microecon., 6 (1). S. 205 - 258. NASHVILLE: AMER ECONOMIC ASSOC. ISSN 1945-7685
Full text not available from this repository.Abstract
We study optimal income taxation and public-goods provision under the assumption that the cross-section distributions of productive abilities or public-goods preferences are not known a priori. A conventional Mirrleesian treatment is shown to provoke manipulations of the policy mechanism by individuals with similar interests. The analysis therefore incorporates a requirement of coalition-proofness. The main result is that increased public-goods provision is associated with a more distortionary and a more redistributive tax system. With a conventional Mirrleesian treatment, the level of public-goods provision is not related to how distortionary or redistributive the tax system is.
Item Type: | Journal Article | ||||||||
Creators: |
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URN: | urn:nbn:de:hbz:38-447151 | ||||||||
DOI: | 10.1257/mic.6.1.205 | ||||||||
Journal or Publication Title: | Am. Econ. J.-Microecon. | ||||||||
Volume: | 6 | ||||||||
Number: | 1 | ||||||||
Page Range: | S. 205 - 258 | ||||||||
Date: | 2014 | ||||||||
Publisher: | AMER ECONOMIC ASSOC | ||||||||
Place of Publication: | NASHVILLE | ||||||||
ISSN: | 1945-7685 | ||||||||
Language: | English | ||||||||
Faculty: | Faculty of Management, Economy and Social Sciences | ||||||||
Divisions: | Center of Excellence C-SEB Faculty of Management, Economics and Social Sciences > Economics > Macroeconomic, Financial and Economic Policy > Professorship for Macroeconomic |
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Subjects: | Economics | ||||||||
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Refereed: | Yes | ||||||||
URI: | http://kups.ub.uni-koeln.de/id/eprint/44715 |
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