Poverty and self‐control
We argue that poverty can perpetuate itself by undermining the capacity for self‐control. In
line with a distinguished psychological literature, we consider modes of self‐control that …
line with a distinguished psychological literature, we consider modes of self‐control that …
[PDF][PDF] The time-consistency of government debt and institutional restrictions on the level of debt
B Domínguez - Manuscript.[203, 216], 2010 - Citeseer
The higher is the level of government debt the larger the government's incentives to default
or to devaluate. Is it desirable to limit the amount of government debt? To answer this …
or to devaluate. Is it desirable to limit the amount of government debt? To answer this …
The time-inconsistency problem of labor taxes and constitutional constraints
B Domínguez, Z Feng - Dynamic Games and Applications, 2016 - Springer
This paper investigates the time-inconsistency problem of labor taxes in an economy with
balanced-budget policies and no capital taxes. With full commitment, we show that Ramsey …
balanced-budget policies and no capital taxes. With full commitment, we show that Ramsey …
The effect of time-consistent capital taxation on capital accumulation and welfare
B Domínguez, Z Feng - Available at SSRN 2084721, 2012 - papers.ssrn.com
This paper analyzes the effects of time-consistent capital taxation on the level of capital and
welfare. We find that a commitment to a zero capital tax shifts the time inconsistency problem …
welfare. We find that a commitment to a zero capital tax shifts the time inconsistency problem …
[PDF][PDF] The Effect of Capital Taxation on Capital Accumulation and Welfare
B Domínguez, Z Feng - 2012 - Citeseer
This paper analyzes the effects of time-consistent capital taxation on the level of capital and
welfare. We find that a commitment to a zero capital tax shifts the time inconsistency problem …
welfare. We find that a commitment to a zero capital tax shifts the time inconsistency problem …