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...

In this work we analyze the issue of taxation in an intertemporal economy with endogenous fertility under critical-level utilitarianism, both from a positive and normative standpoint. On the positive side we analyse the effects of a change in the tax on capital income and on the population size,...

We analyze tax policies in an intertemporal economy with endogenous fertility under critical-level utilitarianism, both from a positive and a normative standpoint. On the positive side, we analyze the effects of a change in the tax on capital income and on fertility, both separately and combined...