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We study the optimal Mirrlees taxation problem in a dynamic economy with idiosyncratic (productivity or preference) shocks. In contrast to the standard approach, which implicitly assumes that the mechanism is operated by a benevolent planner with full commitment power, we assume that any...
Persistent link: https://www.econbiz.de/10012767334
We study the optimal Mirrlees taxation problem in a dynamic economy with idiosyncratic (productivity or preference) shocks. In contrast to the standard approach, which implicitly assumes that the mechanism is operated by a benevolent planner with full commitment power, we assume that any...
Persistent link: https://www.econbiz.de/10012466444
We study the optimal Mirrlees taxation problem in a dynamic economy with idiosyncratic (productivity or preference) shocks. In contrast to the standard approach, which implicitly assumes that the mechanism is operated by a benevolent planner with full commitment power, we assume that any...
Persistent link: https://www.econbiz.de/10014058666
Persistent link: https://www.econbiz.de/10003830630
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An influential thesis often associated with De Tocqueville views social mobility as a bulwark of democracy: when … force making democracy less stable in societies with high social mobility: when the median voter expects to move up …
Persistent link: https://www.econbiz.de/10011491901
Persistent link: https://www.econbiz.de/10011494391
An influential thesis often associated with De Tocqueville views social mobility as a bulwark of democracy: when … force making democracy less stable in societies with high social mobility: when the median voter expects to move up …
Persistent link: https://www.econbiz.de/10012994372