In this work we analyse the issue of optimal taxation and of policy changes in an endogenous growth model driven by public expenditure, in the presence of endogenous fertility and labour supply. While normative analysis confirms the Chamley-Judd result of zero capital income tax, positive...

This report examines the structure of optimal commodity tax rates in a many-person many-goods static computational model using segmented LES utility. One of the major findings is that with non-linear Engel curves and linear income tax, optimal commodity tax rates tend to be progressive and...

This paper describes the rebirth of the utilitarian approach, with the social welfare function a là Bentham, after the crisis due to the emergence of the ordinalist microeconomic analysis. It is shown that Vickrey in 1945 had already anticipated the themes developed earlier by Harsanyi and...

The taxation of the owner-occupied house – the “principal dwellingâ€â€“ was a recurrent central issue in the political and economic debate in Italy especially in the last 15 years. It may be useful, therefore, to address this issue, by both examining the theoretical aspects...