The New Dynamic Public Finance /
Optimal tax design attempts to resolve a well-known trade-off: namely, that high taxes are bad insofar as they discourage people from working, but good to the degree that, by redistributing wealth, they help insure people against productivity shocks. Until recently, however, economic research on thi...
Clasificación: | Libro Electrónico |
---|---|
Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Princeton, NJ :
Princeton University Press,
[2010]
|
Edición: | Course Book |
Colección: | The Toulouse Lectures in Economics
|
Temas: | |
Acceso en línea: | Texto completo Texto completo |
MARC
LEADER | 00000nam a22000005i 4500 | ||
---|---|---|---|
001 | DEGRUYTERUP_9781400835270 | ||
003 | DE-B1597 | ||
005 | 20210830012106.0 | ||
006 | m|||||o||d|||||||| | ||
007 | cr || |||||||| | ||
008 | 210830t20102010nju fo d z eng d | ||
020 | |a 9781400835270 | ||
024 | 7 | |a 10.1515/9781400835270 |2 doi | |
035 | |a (DE-B1597)446858 | ||
035 | |a (OCoLC)979968497 | ||
040 | |a DE-B1597 |b eng |c DE-B1597 |e rda | ||
041 | 0 | |a eng | |
044 | |a nju |c US-NJ | ||
050 | 4 | |a HJ192.5 |b .K63 2010eb | |
072 | 7 | |a BUS051000 |2 bisacsh | |
082 | 0 | 4 | |a 336.001/5195 |2 22 |
100 | 1 | |a Kocherlakota, Narayana R., |e author. |4 aut |4 http://id.loc.gov/vocabulary/relators/aut | |
245 | 1 | 4 | |a The New Dynamic Public Finance / |c Narayana R. Kocherlakota. |
250 | |a Course Book | ||
264 | 1 | |a Princeton, NJ : |b Princeton University Press, |c [2010] | |
264 | 4 | |c ©2010 | |
300 | |a 1 online resource (200 p.) : |b 15 line illus. | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a computer |b c |2 rdamedia | ||
338 | |a online resource |b cr |2 rdacarrier | ||
347 | |a text file |b PDF |2 rda | ||
490 | 0 | |a The Toulouse Lectures in Economics | |
505 | 0 | 0 | |t Frontmatter -- |t Contents -- |t Preface -- |t 1. Introduction -- |t 2. The Ramsey Approach and Its Problems -- |t 3. Basics of Dynamic Social Contracting -- |t 4. Dynamic Optimal Taxation: Lessons for Macroeconomists -- |t 5. Optimal Intergenerational Taxation -- |t 6. Quantitative Analysis: Methods and Results -- |t 7. The Way Forward -- |t Index |
506 | 0 | |a restricted access |u http://purl.org/coar/access_right/c_16ec |f online access with authorization |2 star | |
520 | |a Optimal tax design attempts to resolve a well-known trade-off: namely, that high taxes are bad insofar as they discourage people from working, but good to the degree that, by redistributing wealth, they help insure people against productivity shocks. Until recently, however, economic research on this question either ignored people's uncertainty about their future productivities or imposed strong and unrealistic functional form restrictions on taxes. In response to these problems, the new dynamic public finance was developed to study the design of optimal taxes given only minimal restrictions on the set of possible tax instruments, and on the nature of shocks affecting people in the economy. In this book, Narayana Kocherlakota surveys and discusses this exciting new approach to public finance. An important book for advanced PhD courses in public finance and macroeconomics, The New Dynamic Public Finance provides a formal connection between the problem of dynamic optimal taxation and dynamic principal-agent contracting theory. This connection means that the properties of solutions to principal-agent problems can be used to determine the properties of optimal tax systems. The book shows that such optimal tax systems necessarily involve asset income taxes, which may depend in sophisticated ways on current and past labor incomes. It also addresses the implications of this new approach for qualitative properties of optimal monetary policy, optimal government debt policy, and optimal bequest taxes. In addition, the book describes computational methods for approximate calculation of optimal taxes, and discusses possible paths for future research. | ||
538 | |a Mode of access: Internet via World Wide Web. | ||
546 | |a In English. | ||
588 | 0 | |a Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021) | |
650 | 0 | |a Finance, Public |x Mathematical models. | |
650 | 0 | |a Fiscal policy |x Mathematical models. | |
650 | 0 | |a Taxation |x Mathematical models. | |
650 | 7 | |a BUSINESS & ECONOMICS / Public Finance. |2 bisacsh | |
773 | 0 | 8 | |i Title is part of eBook package: |d De Gruyter |t Princeton University Press eBook-Package Backlist 2000-2013 |z 9783110442502 |
856 | 4 | 0 | |u https://doi.uam.elogim.com/10.1515/9781400835270 |z Texto completo |
856 | 4 | 0 | |u https://degruyter.uam.elogim.com/isbn/9781400835270 |z Texto completo |
912 | |a 978-3-11-044250-2 Princeton University Press eBook-Package Backlist 2000-2013 |c 2000 |d 2013 | ||
912 | |a EBA_BACKALL | ||
912 | |a EBA_CL_LAEC | ||
912 | |a EBA_EBACKALL | ||
912 | |a EBA_EBKALL | ||
912 | |a EBA_ECL_LAEC | ||
912 | |a EBA_EEBKALL | ||
912 | |a EBA_ESSHALL | ||
912 | |a EBA_ESTMALL | ||
912 | |a EBA_PPALL | ||
912 | |a EBA_SSHALL | ||
912 | |a EBA_STMALL | ||
912 | |a GBV-deGruyter-alles | ||
912 | |a PDA11SSHE | ||
912 | |a PDA12STME | ||
912 | |a PDA13ENGE | ||
912 | |a PDA17SSHEE | ||
912 | |a PDA18STMEE | ||
912 | |a PDA5EBK |