Efficient Tax Reform in a Dynamic Model of General Equilibrium
在一个无限期界、劳动供给可变的跨期优化模型中，评估从资本税转向劳动所得税的福利效应，并利用稳态附近的近似方法计算小幅度税改的影响。
The welfare gain of a shift from capital to a labor income tax is determined in a model of intertemporal optimization with infinite horizon and variable labor supply. The welfare impact of small tax changes is computed by an approximation method around the steady state. When the difference between the growth rate and the discount rate is small, the welfare impact of tax reform depends mainly on the parameters of the production function.