| dc.contributor.author | Werning, Ivan | |
| dc.contributor.author | Farhi, Emmanuel | |
| dc.contributor.author | Sleet, Christopher | |
| dc.contributor.author | Yeltekin, Sevin | |
| dc.date.accessioned | 2013-12-09T13:13:23Z | |
| dc.date.available | 2013-12-09T13:13:23Z | |
| dc.date.issued | 2012-01 | |
| dc.date.submitted | 2011-10 | |
| dc.identifier.issn | 0034-6527 | |
| dc.identifier.issn | 1467-937X | |
| dc.identifier.uri | http://hdl.handle.net/1721.1/82875 | |
| dc.description.abstract | We study efficient non-linear taxation of labour and capital in a dynamic Mirrleesian model incorporating political economy constraints. Policies are chosen sequentially over time, without commitment. Our main result is that the marginal tax on capital income is progressive, in the sense that richer agents face higher marginal tax rates. | en_US |
| dc.language.iso | en_US | |
| dc.publisher | Oxford University Press | en_US |
| dc.relation.isversionof | http://dx.doi.org/10.1093/restud/rds001 | en_US |
| dc.rights | Creative Commons Attribution-Noncommercial-Share Alike 3.0 | en_US |
| dc.rights.uri | http://creativecommons.org/licenses/by-nc-sa/3.0/ | en_US |
| dc.source | Other univ. web domain | en_US |
| dc.title | Nonlinear Capital Taxation Without Commitment | en_US |
| dc.title.alternative | Non-linear Capital Taxation Without Commitment | en_US |
| dc.type | Article | en_US |
| dc.identifier.citation | Farhi, E., C. Sleet, I. Werning, and S. Yeltekin. “Non-linear Capital Taxation Without Commitment.” The Review of Economic Studies 79, no. 4 (October 18, 2012): 1469-1493. | en_US |
| dc.contributor.department | Massachusetts Institute of Technology. Department of Economics | en_US |
| dc.contributor.mitauthor | Werning, Ivan | en_US |
| dc.relation.journal | The Review of Economic Studies | en_US |
| dc.eprint.version | Author's final manuscript | en_US |
| dc.type.uri | http://purl.org/eprint/type/JournalArticle | en_US |
| eprint.status | http://purl.org/eprint/status/PeerReviewed | en_US |
| dspace.orderedauthors | Farhi, E.; Sleet, C.; Werning, I.; Yeltekin, S. | en_US |
| dc.identifier.orcid | https://orcid.org/0000-0003-2370-5575 | |
| mit.license | OPEN_ACCESS_POLICY | en_US |
| mit.metadata.status | Complete | |
