Equilibrium in a Production Economy with an Income Tax
在跨期生产经济中引入状态依赖的所得税,建立均衡存在性和唯一性的方法,并构造均衡,为量化税收政策效果提供实验建议。
A state-dependent income tax is incorporated into an intertemporal production economy. Methods are developed for establishing the existence and uniqueness of an equilibrium, and for explicitly constructing this equilibrium. Some tax-policy experiments are suggested, the results of which may have important implications in quantifying the effects of various tax policies.