A Comment on Roland Benabou's “Tax and Education Policy in a Heterogeneous-Agent Economy: What Levels of Redistribution Maximize Growth and Efficiency?”.

A commentary on Roland Benabou's “Tax and Education Policy in a Heterogeneous-Agent Economy: What Levels of Redistribution Maximize Growth and Efficiency?,” which appeared in Econometrica, vol. 70, pp. 481–517. The writer explains a statistical error made by Benabou in his calibrating of numerical...

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Detalles Bibliográficos
Publicado en:Econometrica Vol. 73; no. 3; pp. 1003 - 1005
Autores principales: Tang, Xueli, King, Ian
Formato: Artículo
Publicado: Wiley-Blackwell May 2005
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Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:A commentary on Roland Benabou's “Tax and Education Policy in a Heterogeneous-Agent Economy: What Levels of Redistribution Maximize Growth and Efficiency?,” which appeared in Econometrica, vol. 70, pp. 481–517. The writer explains a statistical error made by Benabou in his calibrating of numerical simulations relating to the existing tax structure in the U.S.