|
EconStor >
Max Planck Institute for Research on Collective Goods, Bonn >
Preprints of the Max Planck Institute for Research on Collective Goods >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/19896
|
| | |
| Title: | | Optimal Income Taxation, Public-Goods Provision and Public-Sector Pricing : A Contribution to the Foundations of Public Economics  |
| Authors: | | Hellwig, Martin |
| Issue Date: | | 2004 |
| Series/Report no.: | | Preprints of the Max Planck Institute for Research on Collective Goods 2004/14 |
| Abstract: | | The paper develops an integrated model of optimal nonlinear income taxation, public-goods provision and pricing in a large economy. With asymmetric information about labour productivities and publicgoods preferences, the multidimensional mechanism design problem becomes tractable by requiring renegotiation proofness of the final allocation of private goods and admission tickets for excludable public goods. Under an affiliation assumption on the underlying distribution, optimal income taxation, public-goods provision and admission fees have the same qualitative properties as in unidimensional models. These properties are obtained for utilitarian welfare maximization and for a Ramsey-Boiteux formulation with interim participation constraints. |
| Subjects: | | Optimal Income Taxation Public Goods Public-Sector Pricing Multidimensional Mechanism Design Ramsey-Boiteux Pricing |
| JEL: | | D82 H20 H40 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Preprints of the Max Planck Institute for Research on Collective Goods
|
| Files in This Item:
| |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/19896
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|