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On the role of progressive taxation in a Ramsey model with heterogeneous households |
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| Authors: | Stefano Bosi Thomas Seegmuller |
| Institution: | a THEMA, Université de Cergy-Pontoise, 33 boulevard du Port, 95011 Cergy-Pontoise Cedex, France;b CNRS and GREQAM, Centre de la Vieille Charité, 2 rue de la Charité, 13236 Marseille Cedex 02, France |
| Abstract: | |
| Keywords: | Progressive taxation Heterogeneous agents Borrowing constraint Endogenous labor supply Steady state allocation Macroeconomic stability |
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