Title of article
Optimal consumption taxation in a model of endogenous growth with external habit formation
Author/Authors
Manuel A. G?mez، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
9
From page
427
To page
435
Abstract
This paper devises a consumption tax policy that allows to decentralize the efficient equilibrium in an AK endogenous growth model with external habit formation. The equilibrium dynamics, including that of the optimal taxes, is characterized by means of phase-diagram analysis.
Keywords
Habit formation , Endogenous growth , Optimal taxation
Journal title
Economics Letters
Serial Year
2006
Journal title
Economics Letters
Record number
436102
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