Name
Title | ||
|---|---|---|
Restoring Ramsey tax lessons to Mirrleesian tax settings: Atkinson–Stiglitz and Ramsey reconciled |
Abstract | ||
|---|---|---|
This paper restores many of the Ramsey tax/pricing lessons perceived as outdated in the optimal tax literature following the Atkinson and Stiglitz (J Public Econ 6:55–75, 1976) framework wherein differential commodity taxes are considered to be redundant. The key to our findings is the incorporation of a “break-even constraint” for public firms into the Atkinson and Stiglitz framework. Break-even constraints are fundamental to the regulatory pricing literature but have somehow been overlooked in the optimal tax literature. Incorporating them reconciles the optimal-tax and the regulatory-pricing views on Ramsey tax/pricing rules. |
Year | DOI | Venue |
|---|---|---|
2017 | 10.1007/s00355-017-1046-8 | Social Choice and Welfare |
Keywords | Field | DocType |
Public Firm,Price Rule,Ramsey Price,Marshallian Demand,Ramsey Model | Welfare economics,Mathematical economics,Economics,Commodity,Optimal tax,Microeconomics | Journal |
Volume | Issue | ISSN |
49 | 1 | 1432-217X |
Citations | PageRank | References |
0 | 0.34 | 0 |
Authors | ||
2 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| Helmuth Cremer | 1 | 5 | 1.84 |
| Firouz Gahvari | 2 | 0 | 0.68 |