17-011/VI - Why is the Long-Run Tax on Capital Income Zero? Explaining the Chamley-Judd Result

Authors

Bas Jacobs, Erasmus University Rotterdam, The Netherlands; Alexandra Victoria Rusu, Erasmus University Rotterdam, The Netherlands
Publication date

January 23, 2017

Keywords

taxation of capital income, zero capital income tax, Corlett-Hague motive, Chamley-Judd result
JEL

H2

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