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Heterogeneity in capital and skills in a neoclassical stochastic growth model
Neoclassical model Heterogeneous agents Aggregation Business cycles
2015/7/21
Heterogeneity in capital and skills in a neoclassical stochastic growth model.
De Gustibus non est Taxandum: Heterogeneity in Preferences and Optimal Redistribution
Spending Policy Taxation Theory United States
2015/4/27
The prominent but unproven intuition that preference heterogeneity reduces redistribution in a standard optimal tax model is shown to hold under the plausible condition that the distribution of prefer...