Heijdra, Ben J; Ligthart, Jenny E - In: Oxford Economic Papers 52 (2000) 4, pp. 677-701
The paper studies the dynamic allocation effects of tax policy within the context of an overlapping-generations model of the Blanchard-Yaari type. The model is extended to allow for endogenous labour supply and three tax instruments, viz. a capital tax, labour income tax, and consumption tax....