This chapter reviews the concepts, methods, and results of studies that analyze the
incidence of taxes. The purpose of such studies is to determine how the burden of a …

Perhaps the most active area of research in the field of computable general equilibrium tax
models involves the addition of genuine dynamics to the behavior of both consumers and …

This paper presents the case for tax progressivity based on recent results in optimal tax
theory. We consider the optimal progressivity of earnings taxation and whether capital …

Macroeconomics at the intermediate and graduate levels rests on three workhorses: the
Solow-Swan model, the overlapping generations (OLG) model, and the Ramsey model. The …

This chapter analyzes the distortions created by taxation and the features of tax systems that
minimize such distortions (subject to achieving other government objectives). It starts with a …

Publisher Summary The theory of excess burden and optimal commodity taxation is one of
the oldest subjects of study in public finance, dating back to Dupuit (1844), and yet is also …

Publisher Summary Economics is at its best when it offers important insights that contradict
initial, casual impressions. The theory of tax incidence provides a rich assortment of such …

The importance of precautionary motives in explaining individual and aggregate saving* Page
1 Carnegie-Rochester Conference Series on Public Policy 40 (1994) 59-125 North-Holland The …

In this survey, I summarize and evaluate the extant literature concerning taxation and
personal saving. I describe the theoretical models that economists have used to depict …

We use a very standard life-cycle growth model, in which individuals have a labor-leisure
choice in each period of their lives, to prove that an optimizing government will almost …