| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3443 |
| DP3443 Ticket Pricing Under Demand Uncertainty | |
| Pascal Courty | |
| 发表日期 | 2002-07-20 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | We analyze optimal dynamic taxation when labor supply is indivisible, as in Hansen (1985) and Rogerson (1988). Markets are complete, and an employment lottery determines who works. The consumer can buy insurance to diversify this extrinsic income uncertainty. The optimal wage tax is zero in both the short and long run only when leisure is neutral. If leisure is normal (inferior), labor should be taxed (subsidized). We further derive a wide range of preferences, including HARA, which encompasses normal and non-normal leisure. For those preferences we characterize the dynamic paths of the wage tax. |
| 主题 | Public Economics |
| 关键词 | Optimal taxation Dynamic taxation Indivisible labour |
| URL | https://cepr.org/publications/dp3443 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532462 |
| 推荐引用方式 GB/T 7714 | Pascal Courty. DP3443 Ticket Pricing Under Demand Uncertainty. 2002. |
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