Capital Income Taxation when Markets are Incomplete.

In this paper we investigate the welfare effect of capital income taxation in a standard one commodity general equilibrium model with incomplete markets (GEI) and production. We consider a competitive economy of two periods with uncertainty over a finite number S of possible states of nature revealed in the second period.

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Year of publication:	2000
Authors:	Tirelli, M.
Institutions:	Center for Operations Research and Econometrics (CORE), École des Sciences Économiques de Louvain
Subject:	GENERAL EQUILIBRIUM \| TAXATION \| SOCIAL WELFARE \| PUBLIC GOODS

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Series:	Papers.
Type of publication:	Book / Working Paper
Notes:	27 pages
Classification:	D52 - Incomplete Markets ; H25 - Business Taxes and Subsidies ; D61 - Allocative Efficiency; Cost-Benefit Analysis ; H43 - Project Evaluation; Social Discount Rate
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005634066