“...This paper considers a model of linear capital taxation for an economy where capital and labor income are subject to idiosyncratic uninsurable risk. To keep...”

“...This paper derives optimal top tax rate formulas in a model where top earners respond to taxes through three channels: labor supply, tax avoidance, and...”

“...This paper develops a theory of optimal taxation with behavioral agents. We use a general framework that encompasses a wide range of biases such as...”

“...Abstract A common objection to “sin taxes”—corrective taxes on goods that are thought to be overconsumed, such as cigarettes, alcohol, and sugary drinks—is...”

“...This paper sets out a framework for analyzing optimal interventions by a tax administration, one that parallels and can be closely integrated with established...”

“...A prominent assumption in modern optimal tax research is that the objective of taxation is Utilitarian. I present new survey evidence that most people reject...”

“...We present an economic model of systemic risk in which undercapitalization of the financial sector as a whole is assumed to harm the real economy, leading to a...”

“...The optimal design of low-income support is examined using a structural labour supply model. The approach incorporates unobserved heterogeneity, fixed costs of...”

“...This paper derives optimal income tax and human capital policies in a life cycle model with risky human capital. The government faces asymmetric information...”

“...Land is back. The increase in wealth in the second half of 20th century arose from housing and land. It should be taxed. We introduce land and housing...”