POSITIONAL CONCERNS IN AN OLG MODEL OPTIMAL LABOR AND CAPITAL INCOME TAXATION
(2010) In International Economic Review 51(4). p.1071-1095- Abstract
- This article concerns optimal income taxation under asymmetric information in a two type OLG model when indi viduals relative consumption matters Positional concerns affect the policy choices via two channels (i) the average degree of positionality and (ii) positionality differences between the low ability type and the mimicker Under plausible empirical estimates the marginal labor income tax rates become substantially larger and the absolute value of the marginal capital income tax rate of the low ability type becomes substantially smaller than in the conventional model In addition to measures of reference consumption based on average consumption we also address within generation and upward comparisons
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/4448748
- author
- Aronsson, T and Johansson-Stenman, O
- publishing date
- 2010
- type
- Contribution to journal
- publication status
- published
- subject
- in
- International Economic Review
- volume
- 51
- issue
- 4
- pages
- 1071 - 1095
- publisher
- Wiley-Blackwell
- external identifiers
-
- scopus:78649423986
- ISSN
- 0020-6598
- DOI
- 10.1111/j.1468-2354.2010.00611.x
- language
- English
- LU publication?
- no
- id
- 5792966c-373a-4335-8fe6-5a20c1b342bc (old id 4448748)
- date added to LUP
- 2016-04-01 11:06:47
- date last changed
- 2022-04-12 20:32:45
@article{5792966c-373a-4335-8fe6-5a20c1b342bc, abstract = {{This article concerns optimal income taxation under asymmetric information in a two type OLG model when indi viduals relative consumption matters Positional concerns affect the policy choices via two channels (i) the average degree of positionality and (ii) positionality differences between the low ability type and the mimicker Under plausible empirical estimates the marginal labor income tax rates become substantially larger and the absolute value of the marginal capital income tax rate of the low ability type becomes substantially smaller than in the conventional model In addition to measures of reference consumption based on average consumption we also address within generation and upward comparisons}}, author = {{Aronsson, T and Johansson-Stenman, O}}, issn = {{0020-6598}}, language = {{eng}}, number = {{4}}, pages = {{1071--1095}}, publisher = {{Wiley-Blackwell}}, series = {{International Economic Review}}, title = {{POSITIONAL CONCERNS IN AN OLG MODEL OPTIMAL LABOR AND CAPITAL INCOME TAXATION}}, url = {{http://dx.doi.org/10.1111/j.1468-2354.2010.00611.x}}, doi = {{10.1111/j.1468-2354.2010.00611.x}}, volume = {{51}}, year = {{2010}}, }