Arawatari, Ryo; Ono, Tetsuo - In: The Japanese Economic Review 65 (2014) 3, pp. 282-315
type="main" <p>This paper introduces an overlapping-generations model with earnings heterogeneity and borrowing constraints. The labour income tax and the allocation of tax revenue between social security and forward intergenerational public goods are determined in a bidimensional majoritarian...</p>
