IDEAS home Printed from https://ideas.repec.org/a/ecj/econjl/v106y1996i435p471-82.html
   My bibliography  Save this article

Endogenous Taxation: An Overlapping Generations Approach

Author

Listed:
  • Renstrom, Thomas I

Abstract

This paper develops an overlapping generations framework of endogenous taxation. There are three types of heterogeneity among individuals: age, productivity, and bequest motives. The heterogeneity gives rise to a redistributive conflict and, therefore, to different preferences over fiscal policy. Linear taxes are levied on consumption expenditure, wage income, and capital income. These tax rates and the provision of a public good become endogenous through a majority-voting rule. The dynamic politico-economic equilibrium is examined both in and outside the steady state. The focus is on the underlying characteristics of the economy that gives rise to a particular fiscal structure. Copyright 1996 by Royal Economic Society.

Suggested Citation

  • Renstrom, Thomas I, 1996. "Endogenous Taxation: An Overlapping Generations Approach," Economic Journal, Royal Economic Society, vol. 106(435), pages 471-482, March.
    • Handle: RePEc:ecj:econjl:v:106:y:1996:i:435:p:471-82
    as

    Download full text from publisher

    File URL: http://links.jstor.org/sici?sici=0013-0133%28199603%29106%3A435%3C471%3AETAOGA%3E2.0.CO%3B2-F&origin=bc
    File Function: full text
    Download Restriction: Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Renström, Thomas I & Marsiliani, Laura, 2007. "Political Institutions and Economic Growth," CEPR Discussion Papers 6143, C.E.P.R. Discussion Papers.
    2. Selim, Sheikh, 2006. "On Policy Relevance of Ramsey Tax Rules," Cardiff Economics Working Papers E2006/19, Cardiff University, Cardiff Business School, Economics Section, revised Jul 2006.
    3. Tetsuo Ono & Yuki Uchida, 2018. "Capital Income Taxation, Economic Growth, and the Politics of Public Education," Discussion Papers in Economics and Business 18-05, Osaka University, Graduate School of Economics.
    4. Uchida, Yuki & Ono, Tetsuo, 2021. "Political economy of taxation, debt ceilings, and growth," European Journal of Political Economy, Elsevier, vol. 68(C).
    5. Thomas Renstrom & Laura Marsiliani, 2005. "Political Institutions and Economic Growth," Money Macro and Finance (MMF) Research Group Conference 2005 53, Money Macro and Finance Research Group.
    6. Yuki Uchida & Tetsuo Ono, 2024. "Generational Distribution of Fiscal Burdens: A Positive Analysis," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 65(1), pages 393-430, February.
    7. Laura Marsiliani & Thomas I Renstrom, 2005. "Political Institutions, Environmental Policy and Growth," Money Macro and Finance (MMF) Research Group Conference 2005 38, Money Macro and Finance Research Group.
    8. Mahieu, Géraldine & Rottier, Stéphane, 2000. "Preferences over Capital Income versus Labor Income Taxation," LIDAM Discussion Papers IRES 2000021, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    9. Renström, Thomas I & Marsiliani, Laura, 2003. "Inequality, Environmental Protection and Growth," CEPR Discussion Papers 3754, C.E.P.R. Discussion Papers.
    10. Laura Marsiliani & Thomas Renstrom, 2002. "Inequality, Environmental Protection and Growth," Wallis Working Papers WP35, University of Rochester - Wallis Institute of Political Economy.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecj:econjl:v:106:y:1996:i:435:p:471-82. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley-Blackwell Digital Licensing or Christopher F. Baum (email available below). General contact details of provider: https://edirc.repec.org/data/resssea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.