Federal Reserve Bank of Cleveland
Working Papers (Old Series)
Optimal taxation of capital income in a growth model with monopoly profits
An extension of the standard neoclassical growth model, demonstrating that the optimal steady-state tax on capital income can be positive, negative, or zero, depending on the level of monopoly profits and the degree to which profits can be taxed.
Cite this item
Jang-Ting Guo & Kevin J. Lansing, Optimal taxation of capital income in a growth model with monopoly profits, Federal Reserve Bank of Cleveland, Working Papers (Old Series) 9510, 1995.
Keywords: Taxation ; Dividends
This item with handle RePEc:fip:fedcwp:9510
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