Conesa, Juan Carlos (contributor); Kitao, Sagiri (contributor) - 2006
these taxes generate for the labor supply and capital accumulation decision.
We find that the optimal capital income tax … the high optimal capital income tax is mainly driven by
the life cycle structure of the model whereas the optimal …, that the optimal capital income tax is small.1 Even if in-
surance markets are complete, or equivalently households face no …