The timing of optimal capital income tax reforms: the role of intangible capital investment
This paper studies the role of intangible capital investment in the timing of optimal capital income tax reforms. Within an infinitely lived worker–capitalist model as in Judd (J Public Econ 28:59–83, 1985), we consider two different economies: one in which capitalists devote physical investment, ma...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Springer
2019
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |