Add to ORKGThe paper examines the famous Chamley-Judd zero capital tax theorem in model economies where agents care about their social status. We show that the limiting capital income tax is not zero in general and its sign depends only on the utility specifications. Our conclusion is robust to several important extensions: the model with multiple physical capitals, the model with both human and physical capitals, and the one with heterogeneous agents
This paper studies the issue of the efficient taxation of capital in-come in intertemporal optimizin...
This paper studies the issue of the efficient taxation of capital in-come in intertemporal optimizin...
This paper examines whether the Chamley-Judd result of a zero optimal capital tax rate is valid in a...
The paper examines the famous Chamley-Judd zero capital tax theorem in model economies where agents ...
The paper examines the famous Chamley-Judd zero capital tax theorem in model economies where agents ...
The paper examines the famous Chamley-Judd zero capital tax theorem in model economies where agents ...
The paper examines the famous Chamley-Judd zero capital tax theorem in model economies where agents ...
One of the best known results in modern public finance is the Chamley-Judd result showing that the o...
We extend the celebrated Chamley-Judd result of zero capital income tax and show that the steady sta...
We show that in models in which labor services are supplied jointly with human capital, the Chamley ...
The paper reexamines the famous Chamley-Judd zero capital tax theorem in model economies where the a...
We extend the celebrated Chamley-Judd result of zero capital income tax and show that the steady sta...
This paper studies the issue of the efficient taxation of capital in-come in intertemporal optimizin...
This paper studies the issue of the efficient taxation of capital income in intertemporal optimizing...
This paper studies the issue of the efficient taxation of capital income in intertemporal optimizin...
This paper studies the issue of the efficient taxation of capital in-come in intertemporal optimizin...
This paper studies the issue of the efficient taxation of capital in-come in intertemporal optimizin...
This paper examines whether the Chamley-Judd result of a zero optimal capital tax rate is valid in a...
The paper examines the famous Chamley-Judd zero capital tax theorem in model economies where agents ...
The paper examines the famous Chamley-Judd zero capital tax theorem in model economies where agents ...
The paper examines the famous Chamley-Judd zero capital tax theorem in model economies where agents ...
The paper examines the famous Chamley-Judd zero capital tax theorem in model economies where agents ...
One of the best known results in modern public finance is the Chamley-Judd result showing that the o...
We extend the celebrated Chamley-Judd result of zero capital income tax and show that the steady sta...
We show that in models in which labor services are supplied jointly with human capital, the Chamley ...
The paper reexamines the famous Chamley-Judd zero capital tax theorem in model economies where the a...
We extend the celebrated Chamley-Judd result of zero capital income tax and show that the steady sta...
This paper studies the issue of the efficient taxation of capital in-come in intertemporal optimizin...
This paper studies the issue of the efficient taxation of capital income in intertemporal optimizing...
This paper studies the issue of the efficient taxation of capital income in intertemporal optimizin...
This paper studies the issue of the efficient taxation of capital in-come in intertemporal optimizin...
This paper studies the issue of the efficient taxation of capital in-come in intertemporal optimizin...
This paper examines whether the Chamley-Judd result of a zero optimal capital tax rate is valid in a...