This paper reviews recent advances in the theory of optimal policy in a dynamic Mirrlees
setting, and contrasts this approach to the one based on the representative-agent Ramsey …

This survey discusses how capital should be taxed in advanced economies. We review the
theoretical optimal tax literature, survey empirical studies on the distribution of capital and …

Tackling real-world socio-economic challenges requires designing and testing economic
policies. However, this is hard in practice, due to a lack of appropriate (micro-level) …

This paper presents the case for tax progressivity based on recent results in optimal tax
theory. We consider the optimal progressivity of earnings taxation and whether capital …

We study mechanism design in dynamic quasilinear environments where private information
arrives over time and decisions are made over multiple periods. We make three …

The optimal design of a tax system is a topic that has long fascinated economic theorists and
flummoxed economic policymakers. This paper explores the interplay between tax theory …

We review theoretical explanations for in-kind transfers in light of the limited empirical
evidence. After reviewing the traditional paternalistic arguments, we consider explanations …

The Theory of Taxation and Public Economics presents a unified conceptual framework for
analyzing taxation--the first to be systematically developed in several decades. An original …

This paper derives optimal income tax and human capital policies in a life cycle model with
risky human capital. The government faces asymmetric information regarding agents' ability …

How does wealth taxation differ from capital income taxation? When the return on
investment is equal across individuals, a well-known result is that the two tax systems are …