Uncertainty and optimally uniform commodity taxes.
A model is developed to examine the implications of uncertainty for the structure of optimal commodity taxes where a linear income tax is present. The model presupposes that consumers face uncertainty of income and commit to consumption of certain goods before this uncertainty is resolved and to ot...
| Publicado en: | Southern Economic Journal Vol. 66; no. 1; pp. 156 - 168 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Southern Economic Association
July 1999
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=511118797&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 511118797 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00384038 SEJ jtl: Southern Economic Journal issn: 00384038 maglogo: N pubinfo: dt: July 1999 vid: 66 iid: 1 pid: 1482 pub: Southern Economic Association artinfo: ui: 511118797 10.2307/1060841 ppf: 156 ppct: 12 formats: fmt: @attributes: type: T tig: atl: Uncertainty and optimally uniform commodity taxes. aug: au: Cremer, Helmuth Gahvari, Firouz su: Mathematical models Consumption tax Taxation Uncertainty Economics sug: subj: Mathematical models Consumption tax Taxation Uncertainty Economics keyword: Optimal taxation ab: A model is developed to examine the implications of uncertainty for the structure of optimal commodity taxes where a linear income tax is present. The model presupposes that consumers face uncertainty of income and commit to consumption of certain goods before this uncertainty is resolved and to others afterward. The model reveals that optimal commodity taxes are uniform in the category of noncommitted goods if their subutility is logarithmic, that they are uniform within both categories if both subutilities are logarithmic, and that they are nonzero across categories, with the tax rate on precommitted goods being lower than the tax rate on noncommitted goods. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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