Econometrica Vol. 55 No. 5 1987
Comparative Static Properties of Optimal Nonlinear Income Taxes
Abstract
Comparative static properties of optimal nonlinear income taxes are obtained for a finite population version o f the Mirrlees income-tax model with a weighted utilitarian social we lfare function and quasilinear preferences. The parameters which are varied are the weights in the welfare function, the slope of the prod uction constraint, and a parameter in the utility function. The endog enous variables are the consumers' consumption levels, pretax incomes (labor supplies in efficiency units), utility levels, and marginal t ax rates.
- DOI
- 10.2307/1911266
- Volume
- 55
- Issue
- 5
- Pages
- 1165
- Sources
- bibtex:phds-export.bib crossref openalex