This survey discusses how capital should be taxed in advanced economies. We review the
theoretical optimal tax literature, survey empirical studies on the distribution of capital and …

This article reviews recent advances in the study of dynamic taxation, considering three
main approaches: the dynamic Mirrlees, the parametric Ramsey, and the sufficient statistics …

This paper develops a theory of optimal capital taxation that expresses optimal tax formulas
in sufficient statistics. We first consider a simple model with utility functions linear in …

We study the incidence of nonlinear labor income taxes in an economy with a continuum of
endogenous wages. We derive in closed form the effects of reforming nonlinearly an …

We study the optimal design of corporate taxation and R&D policies as a dynamic
mechanism design problem with spillovers. Firms have heterogeneous research …

We study reforms of nonlinear income tax systems from a political economy perspective. We
present a median voter theorem for monotonic tax reforms, reforms so that the change in the …

Providing estimable sufficient statistics to give policy prescriptions has become a
widespread approach, a well-known limitation of which is the endogeneity of sufficient …

We derive the Pareto-efficient mix of non-linear taxes on labour income and capital income if
people differ in their rates of return on capital. We allow for two reasons why rates of return …

I argue that there exists a coherent and relevant tradition in economic thought that I label
“price theory.” I define it as neoclassical microeconomic analysis that reduces rich and often …

We study the optimal design of student financial aid as a function of parental income. We
derive optimal financial aid formulas in a general model. We estimate a model of selection …