Kina, Özlem; Slavík, Ctirad; Yazici, Hakki - 2020
transition following the optimal reform in the capital-skill complementarity model, implying substantial indirect redistribution …This paper shows that capital-skill complementarity provides a quantitatively significant rationale to tax capital for … redistributive governments. The optimal capital income tax rate is 60%, which is significantly higher than the optimal rate of 48% in …