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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20202| Title: | Optimal taxation with capital accumulation and wage bargaining |
| Keywords: | J51 H21 ddc:330 wage settlement optimal taxation capital accumulation Optimale Besteuerung Investition Sparen Lohnbildung Gewerkschaftlicher Organisationsgrad Theorie |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | This study examines optimal taxation in a unionized economy in which households save capital. The main findings are as follows. Judd?s (1985) and Chamley?s (1986) classical results of zero taxation on capital income holds. This is true independently of workers? savings behaviour or the capitalists? weight in the social welfare function. The steady-state optimal tax rates on wages and employment are specified. The consumption tax is needed for revenue raising purposes. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20202 |
| Other Identifiers: | http://hdl.handle.net/10419/20202 ppn:37746841X |
| Appears in Collections: | EconStor |
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