Article ID Journal Published Year Pages File Type
5062655 Economics Letters 2006 9 Pages PDF
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.

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Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Optimal consumption taxation in a model of endogenous growth with external habit formation
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