An econometric implementation of Mirrlees' theory of optimal taxation
We extend the Quadratic Almost Ideal Demand System to encompass commodity and leisure demand, estimate it with CEX data, use it to formulate the Mirrlees joint taxation problem, and solve the problem using a First Order Gradient algorithm. We take a Bayesian approach to labor supply uncertainty, bas...
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| Format: | Electronic Resource |
| Language: | English |
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Ann Arbor
Harvard University
1999.
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