Equilibrium in a production economy with an income tax

Preprint
Publisher Website
Google Scholar
    • preprint
      • Published in RePEc
Abstract
A state-dependent income tax is incorporated into an intertemporal production economy. Methods are developed for establishing the existence and uniqueness of an equilibrium, and for explicitly constructing this equilibrium. Some tax-policy experiments are suggested, the results of which may have important implications in quantifying the effects of various tax policies.
All Related Versions

This publication has 0 references indexed in Scilit: