channels through which the effects of capital tax cuts and increases in public spending on both pre- and post-college education …

benevolent government, which cares equally about its citizens, to tax capital heavily and to subsidise labour; (ii) a Pareto …

spending bill in a neoclassical growth model. We add to the literature by considering a more detailed tax structure, different … taxes and below one for corporate taxes. We also show that except for the consumption tax, the size of the multipliers …

The stylized facts suggest a negative relationship between tax progressivity and the skill premium from the early 1960s … until the early 1990s, and a positive one thereafter. They also generally imply rising tax progressivity, except for the … 1980s. In this paper, we ask whether optimal tax policy is consistent with these observations, taking into account the …

General Equilibrium model. This reflects the popular belief that interest groups compete for privileged transfers and tax … European macroeconomic experience. We also get quantitative evidence of the fraction of collected tax revenues grabbed by rent …