Discussion Paper
Dynamic optimal taxation with private information
Sleet, Christopher; Albanesi, Stefania (2004)
We study dynamic optimal taxation in a class of economies with private information. Constrained optimal allocations in these environments are complicated and history-dependent. Yet, we show that they can be implemented as competitive equilibria in market economies supplemented with simple tax systems. The market structure in these economies is similar to that in Bewley (1986): agents supply labor and trade risk-free claims to future consumption, subject to a budget constraint and a debt limit. Optimal taxes are conditioned only on two observable characteristicsan agents accumulated stock of ...
Discussion Paper / Institute for Empirical Macroeconomics , Paper 140

Conference Paper
Deposit insurance and lender-of-last-resort functions
Smith, Bruce D.; Sleet, Christopher (2000)
Proceedings