We show that commodity taxes are useful for redistribution in this setting. In fact, the optimal commodity taxes essentially follow the classic many person ramsey rule (diamond 1975),. Jan 22, 2018 · an influential result in modern optimal tax theory, the atkinson and stiglitz (1976) theorem, holds that for a broad class of utility functions, all redistribution should be carried out. Jan 1, 2018 · an influential result in modern optimal tax theory, the atkinson and stiglitz (1976) theorem, holds that for a broad class of utility functions, all redistribution should be carried out. Optimal commodity tax and redistribution in the presence of salience effects;
Optimal commodity taxes and redistribution in the presence of salience effects by hunt allcott, benjamin lockwood, dmitry We show that commodity taxes are useful for redistribution in this setting. In fact, the optimal commodity taxes essentially follow the classic many person ramsey rule (diamond 1975),. Optimal commodity taxes and redistribution in the presence of salience e ects hunt allcott, benjamin lockwood, and dmitry taubinsky january 12, 2018 a. An influential result in modern optimal tax theory, the atkinson and stiglitz (1976) theorem, holds that for a broad class of utility functions, all redistribution should be carried out through labor. We then extend this result to corrective commodity.
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