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Golden Rule, Non-distortional Tax and Governmental Transfer
http://hdl.handle.net/2237/19236
http://hdl.handle.net/2237/192362b6f7a93-f8f1-4e5b-81c0-75bf2a149706
名前 / ファイル | ライセンス | アクション |
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E13-8.pdf (105.3 kB)
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Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
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公開日 | 2014-01-21 | |||||
タイトル | ||||||
タイトル | Golden Rule, Non-distortional Tax and Governmental Transfer | |||||
言語 | en | |||||
著者 |
Yanagihara, Mitsuyoshi
× Yanagihara, Mitsuyoshi× Kaneko, Akihiko× Sakai, Ai |
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アクセス権 | ||||||
アクセス権 | open access | |||||
アクセス権URI | http://purl.org/coar/access_right/c_abf2 | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | Golden rule | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | Capital accumulation | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | Overlapping-generations model | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | non-distortional taxes | |||||
抄録 | ||||||
内容記述 | We consider the combination of non-distortional taxes (subsidies), a consumption tax and a wage income tax, in an overlapping-generations model to investigate how the rates of these taxes should be set to achieve a golden rule level of capital stock. We prove that if the initial steady state level of capital is below (above) the golden rule, the wage income tax rate should be negative (positive) and the consumption tax rate should be positive (negative) both at the steady state and along with the transitional path to the new steady state. We then show that, in transition, individuals can obtain benefit (loss) of a positive (negative) net transfer from (to) the government. In proving, a capital market equilibrium condition is necessary. | |||||
言語 | en | |||||
内容記述タイプ | Abstract | |||||
出版者 | ||||||
言語 | ja | |||||
出版者 | 名古屋大学大学院経済学研究科附属国際経済政策研究センター | |||||
言語 | ||||||
言語 | eng | |||||
資源タイプ | ||||||
資源 | http://purl.org/coar/resource_type/c_6501 | |||||
タイプ | departmental bulletin paper | |||||
出版タイプ | ||||||
出版タイプ | VoR | |||||
出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||
書誌情報 |
en : Economic Research Center Discussion Paper 号 E13-8, 発行日 2013-12 |
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著者版フラグ | ||||||
値 | publisher | |||||
シリーズ | ||||||
関連名称 | E-Series;E13-8; | |||||
URI | ||||||
識別子 | http://hdl.handle.net/2237/19236 | |||||
識別子タイプ | HDL |