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 …

We explore the optimal shape of the income tax and transfer schedule in an environment
with distinct roles for public and private insurance. In a calibration to the United States, we …

Purpose–the primary purpose of the study is to identify the main threats to the process of
ensuring social security and finding ways to establish a connection between economic and …

This paper studies optimal taxation of earnings when the degree of tax progressivity is
allowed to vary with age. The setting is an overlapping-generations model that incorporates …

We study Pareto optimal policy reforms aimed at overhauling retirement financing as an
integral part of the tax and transfer system. Our framework for policy analysis is a …

We study optimal savings policies when there is a dual concern about undersaving for
retirement and income inequality. Agents differ in present bias and earnings ability, both …

Land is back. The increase in wealth in the second half of 20th century arose from housing
and land. It should be taxed. We introduce land and housing structures in Judd's standard …

This paper studies the welfare effects from the provision of unemployment insurance (UI)
benefits in a context where formal workers represent only a small proportion of the labor …

Using a heterogeneous agent, life-cycle model of Social Security claiming, labor supply and
saving, we consider the implications of lifespan inequality for Social Security reform …

How did the US government preferences over income redistribution across generations and
within generations change during 1980–2010? Using a rich quantitative model in which a …