Implementing the Modified Golden Rule? Optimal Ramsey Capital Taxation with Incomplete Markets Revisited
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DOI: 10.20955/wp.2017.003
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- Yunmin Chen & Cheng Chen Yang & YiLi Chien, 2018. "Implementing the Modified Golden Rule? Optimal Ramsey Capital Taxation with Incomplete Markets Revisited," 2018 Meeting Papers 59, Society for Economic Dynamics.
References listed on IDEAS
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Citations
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- Krueger, Dirk & Ludwig, Alexander, 2018. "Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk," MEA discussion paper series 201802, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
- Krueger, Dirk & Ludwig, Alexander, 2019. "Optimal taxes on capital in the OLG model with uninsurable idiosyncratic income risk," SAFE Working Paper Series 201, Leibniz Institute for Financial Research SAFE.
- Dirk Krueger & Alexander Ludwig, 2018. "Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk," NBER Working Papers 24335, National Bureau of Economic Research, Inc.
- Krueger, Dirk & Ludwig, Alexander, 2018. "Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk," CEPR Discussion Papers 12717, C.E.P.R. Discussion Papers.
- Dirk Krueger & Alexander Ludwig, 2018. "Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk," PIER Working Paper Archive 18-004, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 09 Feb 2018.
- YiLi Chien & Yi Wen, 2019.
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- YiLi Chien & Yi Wen, 2019. "Don’t Tax Capital — Optimal Ramsey Taxation in Heterogeneous Agent Economies with Quasi-Linear Preferences," Working Papers 2019-007, Federal Reserve Bank of St. Louis, revised 18 May 2020.
- YiLi Chien & Yi Wen & HsinJung Wu, 2020. "Are Government Bonds Net Wealth or a Liability? ---Optimal Debt and Taxes in an OLG Model with Uninsurable Income Risk," Working Papers 2020-007, Federal Reserve Bank of St. Louis, revised 03 Jan 2021.
- YiLi Chien & Yi Wen, 2020. "Optimal Fiscal Policies under Market Failures," Working Papers 2020-002, Federal Reserve Bank of St. Louis, revised 11 Sep 2020.
- YiLi Chien & Yi Wen, 2019. "The Determination of Public Debt under both Aggregate and Idiosyncratic Uncertainty," Working Papers 2019-038, Federal Reserve Bank of St. Louis, revised 13 Aug 2020.
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More about this item
Keywords
Capital Taxation; Modified Golden Rule; Ramsey Problem; Incomplete Markets; Heterogeneous-Agent;All these keywords.
JEL classification:
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
- H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2017-02-26 (Dynamic General Equilibrium)
- NEP-MAC-2017-02-26 (Macroeconomics)
- NEP-PBE-2017-02-26 (Public Economics)
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