Optimal taxation of capital income with
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Jang-Ting Guo; Kevin J. Lansing
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Article
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1999
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Elsevier Science
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English
⚖ 261 KB
The zero limiting capital tax result is also discussed by Arrow and Kurz (1970, pp. 191}203) in the context of a neoclassical growth model with inelastic labor supply and productive public expenditures.