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Preference Heterogeneity and Optimal Capital Taxation
Weinzierl, Matthew; Golosov, Michail Ju.; Tsyvinsky, Aleh - London School of Economics and Political Science - 2010
of income and consumption and find that, when ability ispositively related to a preference for a good, optimal marginal … relationshipbetween skill and time preference delivers quantitatively small, generallyregressive capital income taxes and would justify …We analytically and quantitatively examine a prominent justification forcapital income taxation: goods preferred by …
Persistent link: https://www.econbiz.de/10009305098
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Rejuveniles and Growth
Barnett, Richard; Bhattacharya, Joydeep - Iowa State University of Science and Technology <Ames, … - 2006
Rejuveniles are "grown-ups who cultivate juvenile tastes in products and entertain-ment". In this note, we study a standard AK growth model of overlapping gener-ations populated by rejuveniles. For our purposes, rejuveniles are old agents whoderive utility from "keeping up" their consumption...
Persistent link: https://www.econbiz.de/10009360851
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Macroeconomic preferences by income and education level : evidence from subjective well-being data
Welsch, Heinz; Kühling, Jan - In: Review of economics & finance 5 (2015) 3, pp. 15-32
Persistent link: https://www.econbiz.de/10011344423
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Thomas Piketty's historical macroeconomics : a critical analysis
Duménil, Gérard; Lévy, Dominique - In: Review of political economy 28 (2016) 2, pp. 220-232
Persistent link: https://www.econbiz.de/10011526259
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Estimating consumption in the HFCS : experimental results on the first wave of the HFCS
Lamarche, Pierre - 2017
In this paper, we estimate consumption in the first wave of the Eurosystem Household Finance and Consumption Survey for a subset of countries that account for around 85% of the aggregate final consumption expenditure of households in the euro area. For this purpose we use the methodology...
Persistent link: https://www.econbiz.de/10011664054
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Consumption in the shadow of unemployment
Campos, Rodolfo G.; Reggio, Iliana - 2014
Persistent link: https://www.econbiz.de/10011788865
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Reopening the Convergence Debate: A New Look at Cross-Country GrowthEmpirics
Caselli, Francesco; Esquivel, Gerardo; Lefort, Fernando - London School of Economics and Political Science - 1996
There are two sources of inconsistency in existing cross-country empiricalwork on growth: correlated individual effects and endogenous explanatoryvariables. We estimate a variety of cross- country growth regressions usinga generalized method of moments estimator that eliminates both problems.In...
Persistent link: https://www.econbiz.de/10009305097
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Critical remarks on Piketty’s "Capital in the Twenty-first Century"
Homburg, Stefan - In: Applied economics 47 (2015) 13/15, pp. 1401-1406
Persistent link: https://www.econbiz.de/10010512052
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Nit-Piketty : a comment on Thomas Piketty's "Capital in the twenty-first Century" ; disputes about the Piketty's r>g hypothesis on wealth inequality
Ray, Debraj - In: CESifo forum : a bi-monthly journal on European … 16 (2015) 1, pp. 19-25
Persistent link: https://www.econbiz.de/10010532162
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Capital in the twenty-first century by Thomas Piketty
Jardat, Rémi - In: European management review : the journal of the … 12 (2015) 1, pp. 3-6
Persistent link: https://www.econbiz.de/10011306342