We study optimal environmental policy in a world featuring multiple stable economic-ecological equilibria. There is a two-way interaction between the...
This paper quantitatively characterizes optimal tax systems in a model of overlapping generations, when transitional cohorts are explicitly taken into...
Computing numerical solutions of household’s optimization, one often faces the problem of interpolating functions. As linear interpolation is not very...
The paper aims to assess tax-favored retirement accounts in a general-equilibrium overlapping-generations economy with idiosyncratic income risk and...
The present paper quantifies the economic consequences of eliminating the system of income splitting in Germany. We apply a dynamic simulation model...
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