Taxation and Saving – A Retrospective
回顾Atkinson和Sandmo（1980）在世代交叠模型中嵌入静态最优税收框架，研究劳动和资本收入的最优税收，并分析国债在代际间分配负担的作用，对理解储蓄税收的福利含义有重要参考价值。
Atkinson and Sandmo (1980) evaluated the taxation of saving by embedding the static optimal‐tax framework within the two‐period overlapping‐generations model. Using this model, they collected a series of important results for optimal taxes on labour and capital income under a variety of assumptions regarding the instruments and objectives of the government, in particular the availability of national debt to spread burdens among different generations of individuals. With clear intuition and presentation, the study remains an important source for understanding the welfare implications of the taxation of saving.