Why is it optimal not to tax capital income in the long-run in Chamley (1986) and Judd (1985)? This paper demonstrates … that the answer follows standard intuitions from the commodity tax literature. In the steady state, Engel curves for … demonstrate that the optimal tax on capital income is zero irrespective of whether the gross interest rate is endogenous. This …

In this paper we investigate experimentally the functioning of a wage tax financed unemployment benefit system on the … explain the budget deficits we observe in the laboratory economies. Furthermore, we find that tax adjustments in order to …

We study the impact of a policy change in the Netherlands that reduced preferential tax treatment duration for high …-skilled migrants arriving from specific countries in certain years. Utilizing comprehensive tax and population data, we document … substantial tax-induced emigration responses, primarily driven by the top 1% of earners. Highly mobile individuals within the top …

Pigouvian pollution tax is higher if pollution damages disproportionally hurt the poor due to equity weighting of pollution … damages. Moreover, optimal pollution taxes should be set below the Pigouvian tax if the poor spend a disproportionate fraction … pollution taxes should follow the first-best rule for the Pigouvian corrective tax even if the government wants to redistribute …