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000067772 005 __20141023140653.0
000067772 024 8_ $9 artpubuab $9 driver $a oai:ddd.uab.cat:67772
000067772 024 7_ $2 doi $a 10.1257/aer.99.1.25
000067772 041 __ $a eng
000067772 100 __ $a Conesa, Juan Carlos $u Universitat Autonoma de Barcelona. Department d'Economia i Història Econòmica
000067772 245 1_ $a Taxing Capital? Not a Bad Idea After All!
000067772 260 __ $c 2009
000067772 500 __ $a Premi a l'excel·lència investigadora. 2010
000067772 520 3_ $a We quantitatively characterize the optimal capital and labor income tax in an overlapping generations model with idiosyncratic, uninsurable income shocks and permanent productivity differences of households. The optimal capital income tax rate is significantly positive at 36 percent. The optimal progressive labor income tax is, roughly, a flat tax of 23 percent with a deduction of #7,200 (relative to average household income of #42,000). The high optimal capital income tax is mainly driven by the life-cycle structure of the model, whereas the optimal progressivity of the labor income tax is attributable to the insurance and redistribution role of the tax system. (JEL E13, H21, H24, H25)
000067772 540 __ $a Tots els drets reservats $u http://www.europeana.eu/rights/rr-f/
000067772 546 __ $a Anglès.
000067772 599 __ $a recerca
000067772 653 1_ $a PREI 2010
000067772 653 1_ $a Progressive Taxes
000067772 653 1_ $a Capital Taxation
000067772 653 1_ $a Optimal Taxation
000067772 655 _4 $a info:eu-repo/semantics/article
000067772 655 _4 $a info:eu-repo/semantics/acceptedVersion
000067772 700 __ $a Kitao, Sagiri $u University of Southern California. Marshall School of Business
000067772 700 __ $a Krueger, Dirk $u University of Pennsylvania. Department of Economics
000067772 773 __ $g Vol. 99 (1)(2009), p. 25-48 $t The American Economic Review‎ $x 0002-8282
000067772 773 __ $g Núm. 5929 (2006), p. 1-55 $t CEPR Discussion Paper $x 0265-8003
000067772 856 40 $p 55 $s 322483 $u http://ddd.uab.cat/pub/artpub/2006/67772/PREI2010_cprdispap.pdf $z Post-print
000067772 973 __ $f 0001 $l 55 $m  $n 5929 $v  $x n5929 $y 2006
000067772 973 __ $f 0025 $l 48 $m  $n 1 $v 99 $x 00028282 $y 2009
000067772 980 __ $a ARTPUB $b PREI $b UAB