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  1. A450 国際経済政策研究センター
  2. A450b 紀要
  3. Economic Research Center Discussion Paper E-Series

Golden Rule, Non-distortional Tax and Governmental Transfer

http://hdl.handle.net/2237/19236
http://hdl.handle.net/2237/19236
2b6f7a93-f8f1-4e5b-81c0-75bf2a149706
名前 / ファイル ライセンス アクション
E13-8.pdf E13-8.pdf (105.3 kB)
Item type 紀要論文 / Departmental Bulletin Paper(1)
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

WEKO 50665

en Yanagihara, Mitsuyoshi

Search repository
Kaneko, Akihiko

× Kaneko, Akihiko

WEKO 50666

en Kaneko, Akihiko

Search repository
Sakai, Ai

× Sakai, Ai

WEKO 50667

en Sakai, Ai

Search repository
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
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
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