Technological progress and optimal income taxation
Bibliographic Data
| ID | 15066974 |
|---|---|
| Authors | Insook Lee (0000-0002-7260-3877, Bay Area International Business School, Beijing Normal University, Guangdong, China, corresponding author) |
| Year | 2023 |
| Volume | 36 |
| Issue | 2 |
| Publication date | 2023-07-10 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economic Research-Ekonomska Istraživanja (JOURNAL) |
| Journal identifiers | ISSN: 1331-677X • E-ISSN: 1848-9664 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/1331677x.2022.2142828 |
| OpenAlex | W4309190557 |
| Language | EN |
| References cited | 29 |
Facing technological progress, how should a government reform income taxation? To address this question, optimal capital and labor income taxation is obtained for an economy of heterogeneous individuals. Technological progress raises optimal capital income tax rate and lowers optimal average marginal labor income tax rate if it is capital-biased by increasing relative capital productivity. Technological progress does the opposite if it is labor-biased by decreasing relative capital productivity. Neither capital-biased nor labor-biased technological progress affects optimal slope of labor income tax rate schedule. Technological progress does not affect optimal income taxation if it is unbiased by preserving relative capital productivity
Economics · International taxation · Public economics · Tax reform · Economic Growth and Productivity · Financial Literacy, Pension, Retirement Analysis · Fiscal Policy and Economic Growth
Technological Revolutions
Optimal Taxation of Capital Income in General Equilibrium with Infinite Lives
Redistributive taxation in a simple perfect foresight model
Ability-Biased Technological Transition, Wage Inequality, and Economic Growth
The Global Decline of the Labor Share
Technical Change, Inequality, and the Labor Market
Innovation and Top Income Inequality
Measuring Income Inequality Across Countries and Over Time
Optimal Fiscal Policy in a Business Cycle Model
Endogenous Technological Change
The Effects of Taxation on Risk Taking
Optimal Capital Income Taxation with Incomplete Markets, Borrowing Constraints, and Constant Discounting
| Highly cited | No |
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