Optimal taxation, critical-level utilitarianism and economic growth

• 成果类型: Article
• 署名作者: Spataro, Luca; Renstroem, Thomas I.
• 署名单位: Durham University; University of Pisa
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2012.05.001
• 发表日期: 2012
• 页码: 727-738
• 关键词: taxation; endogenous fertility; Critical level utilitarianism; population

摘要

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 so as to keep the per-capita public debt constant. On the normative side, we characterize the first- and second-best optimal tax structures, for both exogenous and endogenous labor supply. (C) 2012 Elsevier B.V. All rights reserved.