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Approximating tax effects in an infinitely lived agent growth model using Chebyshev collocation

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  • Mitja Steinbacher

    () (Economic Free Society Institute, Kranj, Slovenia)

Abstract

Paper approximates long run implications of different tax schedules, i.e. using Chebyshev collocation. Model argues in favor of flat taxes and operates within an Arrow - Debreu environment. We approximate steady state Euler equations of an infinitely-lived-representative-agent exogenous growth model with elastic labor supply

Suggested Citation

  • Mitja Steinbacher, 2006. "Approximating tax effects in an infinitely lived agent growth model using Chebyshev collocation," Computing in Economics and Finance 2006 298, Society for Computational Economics.
  • Handle: RePEc:sce:scecfa:298
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