Business & Economics Library: Your Ultimate Database

Economics of Taxation

This web page has been created for Economics 512.

Below are the readings required for this course. Many of the readings can be found online via the electronic research resources available to UIUC students, faculty, and affiliates.

To the left of each article or book citation below, is an entry that specifies where to locate it. If you are not familiar with the search engines of the databases where many of the articles can be found, please ask for assistance. You can do so in person or via e-mail at .

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Reserve=	Item can be found at the Business & Economics Library Reserve Desk.
EBSCO=	Item can be found via the EBSCO online database.
JSTOR=	Item can be found via the JSTOR online database.
Science Direct=	Item can be found via the Science Direct online database.
NBER=	Item can be found via the NBER Working Papers site.
Kluwer=	Item can be found via the Kluwer online database.

Textbooks

Reserve	A. B. Atkinson and J. E. Stiglitz, Lectures on Public Economics, McGraw Hill: New York, 1980.
Reserve	A. J. Auerbach and M. S. Feldstein, Eds., Handbook of Public Economics, Volumes 1, 2, 3, and 4, North Holland: Amsterdam, 1985, 1987, 2002 and 2003.
Reserve	J. J. Laffont, Fundamentals of Public Economics, MIT Press: Cambridge, 1988.
Reserve	R. Jha, Modern Public Economics, Routledge: London and New York, 1998.
Reserve	G. D. Myles, Public Economics, Cambridge University Press: Cambridge, 1995.
Reserve	J. M. Quigley and E. Smolensky, Eds., Modern Public Finance, Harvard University Press: Cambridge, 1994.
Reserve	D. A. Starret, Foundations of Public Economics, Cambridge University Press: Cambridge, 1988.
Reserve	R. W. Tresch, Public Finance, 2nd edition, Academic Press, 2002.
Reserve	B. Salanie, The Economics of Taxation, MIT Press: Cambridge, 2003.

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1. Welfare Economics and the Measurement of Excess Burden

1.1 Background

Reserve	A. B. Atkinson and J. E. Stiglitz, Lectures on Public Economics, McGraw Hill, 1980, Lecture 11.
Reserve	R. W. Boadway and N. Bruce, Welfare Economics, Basil Blackwell: Oxford, 1984, Chapters 1-3.
Reserve	Laffont, Fundamentals of Public Economics, pp. 132-166.
Reserve	Tresch, Public Finance, Part I.
Reserve	H. R. Varian, Microeconomic Analysis, 3rd ed., 1991, Chapters 10, 22.
Reserve	R. Musgrave, Theory of Public Finance, 1959, pp. 140-157.
Reserve	A. Mas-Colell, M. Whinston and J. Green, Microeconomic Theory, Oxford University Press, 1995, pp. 80-91; 116-123; 325-334; Chapter 16, 817-831.
Reserve	B. Salanie, The Economics of Taxation, Appendices.

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1.2 Theory

Reserve	A. J. Auerbach, "The Theory of Excess Burden and Optimal Taxation," in Auerbach and Feldstein, eds., Handbook of Public Economics, Vol. 1, pp. 61-86.
Reserve	A. J. Auerbach and J.R. Hines, "Taxation and Economic Efficiency," in Auerbach and Feldstein, eds., Handbook of Public Economics, Vol. 3, pp. 1347-1360.
Reserve	Tresh, Public Finance, Chapters 13-14.
Reserve	P. Diamond and D. McFadden, "Some Uses of the Expenditure Function in Public Finance," Journal of Public Economics 3, 1974, pp. 3-21.
EBSCO	J. A. Hausman, "Exact Consumer's Surplus and Deadweight Loss," American Economic Review, September 1981.
Reserve	J. Mayshar, "On Measure of Excess Burden and Their Application," Journal of Public Economics 43, December 1990, pp. 263-289.
EBSCO	J. Hines, ``Three sides of Harberger triangles, Journal of Economic Perspectives, 13, Spring 1999, pp. 167-188.
Reserve	B. Salanie, The Economics of Taxation, Chapter 2.

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1.3 Measurement

EBSCO	D. T. Slesnick, “Empirical Approaches to the Measurement of Welfare,” Journal of Economic Literature, Volume 36, Dec. 1998, pp. 2108-2165.
JSTOR	J. Hausman and W. Newey, “Nonparametric Measurement of Exact Consumer Surplus and Deadweight Loss,” Econometrica, 63, 1995, 1445-1476.
EBSCO JSTOR	J. Shoven, "The Incidence and Efficiency Effects of Taxes on Income from Capital," Journal of Political Economy, December 1976.
Reserve	M. Boskin, "Efficiency Aspects of the Differential Tax Treatment of Market and Household Economic Activity," Journal of Public Economics, February 1975.

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1.4 Marginal Cost of Public Funds

EBSCO	C. L. Ballard and D. Fullerton, "Distortionary Taxes and the Provision of Public Goods," Journal of Economic Perspectives, Summer 1992, pp. 117-131.
EBSCO	E. K. Browning, "On the Marginal Welfare Cost of Taxation," American Economic Review 77, March 1987, pp. 11-23.
EBSCO	D. Fullerton, "Reconciling Recent Estimates of the Marginal Welfare Cost of Taxation," American Economic Review 81, March 1991, pp. 302-308.
JSTOR	D. Fullerton and Y. K. Henderson, "The Marginal Excess Burden of Different Capital Tax Instruments," Review of Economics and Statistics 71, August 1989, pp. 435-442.
Reserve	I. Hansson and C. Stuart, "Tax Revenue and the Marginal Cost of Public Funds in Sweden," Journal of Public Economics 27, August 1985, pp. 331-353
Science Direct	A. Snow and R. S. Warren, “The Marginal Welfare Cost of Public Funds: Theory and Estimates,” Journal of Public Economics, Volume 61, 1996, pp. 289-305.
JSTOR	A. B. Atkinson and N. H. Stern, “Pigou Taxation and Public Goods,” Review of Economic Studies, Volume 41, 1974, pp. 119-128.
Science Direct	A. Sandmo, “Redistribution and the Marginal Cost of Public Funds,” Journal of Public Economics, Volume 70, Dec. 1998, pp. 365-382.
EBSCO JSTOR	R. Boadway and M. Keen, “Public Goods, Self-Selection and Optimal Income Taxation,” International Economics Review, Volume 34, Aug. 1993, pp. 463-478.
EBSCO	L. Kaplow, “The Optimal Supply of Public Goods and the Discretionary Cost of Taxation,” National Tax Journal, Volume 49, pp. 513-533.
Reserve	A. J. Auerbach and J.R. Hines, "Taxation and Economic Efficiency," in Auerbach and Feldstein, eds., Handbook of Public Economics, Vol. 3, pp. 1384-1390.

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2. Tax Incidence

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3. Optimal Taxation

3.1 Optimal Commodity Taxation

Reserve	G. D. Myles, Chapter 4.
Reserve	A. J. Auerbach, "The Theory of Excess Burden and Optimal Taxation," in Auerbach and Feldstein, eds., Handbook of Public Economics, Vol. 1, pp. 86-110.
Reserve	A. J. Auerbach and J.R. Hines, "Taxation and Economic Efficiency," in Auerbach and Feldstein, eds., Handbook of Public Economics, Vol. 3, pp. 1361-1371.
Reserve	R. W. Tresch, Public Finance, 1981, Chapter 16.
Reserve	A. B. Atkinson and J. E. Stiglitz, Lectures on Public Economics, Lecture 12.
Reserve	A. B. Atkinson and J. E. Stiglitz, "The Structure of Indirect Taxation and Economic Efficiency," Journal of Public Economics, April 1972, pp. 97-119.
Reserve	E. Sadka, "A Theorem on Uniform Taxation," Journal of Public Economics 7, 1977, pp. 387-391
Reserve	A. Sandmo, "Optimal Taxation: An Introduction to the Literature," Journal of Public Economics, July 1976.
EBSCO	A. Sandmo, "A Note on the Structure of Optimal Taxation," American Economic Review, 64, 1974, pp. 701-706.
EBSCO	P. Diamond and J. Mirrlees, "Optimal Taxation and Public Production: I," American Economic Review, 61, March 1971, pp. 8-27.
Reserve	P. Diamond, "A Many-Person Ramsey Rule," Journal of Public Economics, 4, November 1975, 335-342.
Reserve	E. Ahmad and N. Stern, "The theory of reform and Indian indirect taxes," Journal of Public Economics, 25, December 1984, 259-298.
Reserve	B. Salanie, The Economics of Taxation, Chapter 3.

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3.2 Optimal Income Taxation

Reserve	G. D. Myles, Chapter 5.
Reserve	A. J. Auerbach and J.R. Hines, "Taxation and Economic Efficiency," in Auerbach and Feldstein, eds., Handbook of Public Economics, Vol. 3, pp. 1372-1383.
Reserve	A. B. Atkinson, Public Economics in Action, Clarendon Press: Oxford, 1995.
Reserve	A. B. Atkinson, and J. E. Stiglitz, Lectures on Public Economics, McGraw Hill, 1980, Lecture 13.
EBSCO	E. Sadka, "On Progressive Taxation," American Economic Review, December 1976.
EBSCO	E. Sheshinski, "The Optimal Linear Income Tax," Review of Economic Studies, 1972, pp. 297-302.
Reserve	N. H. Stern, "On the Specification of Optimum Income Taxation," Journal of Public Economics, July 1976, pp. 123-162.
EBSCO	J. Mirrlees, "An Exploration in the Theory of Optimum Income Taxation," Review of Economic Studies, April 1971.
EBSCO	G. Akerlof, "The Economics of Tagging as Applied to the Optimal Income Tax," American Economic Review 68, 1978, pp. 8-19.
Reserve	A. Atkinson, "How Progressive Should Income Tax Be?" in M. Parkin and A. R. Nobay, Eds., Essays in Modern Economics, London: Longmans, 1973, pp. 90-113.
Reserve	E. Maskin and J. Riley, "Input versus Output Incentive Schemes," Journal of Public Economics 28, 1985, pp. 1-24.
Reserve	J. Slemrod, S. Yitzhaki, J. Mayshar and M. Lundholm, "Optimal Two Bracket Linear Income Taxation," Journal of Public Economics 53, 1994, pp. 269-290.
Reserve	J. Stiglitz, "Pareto Efficient and Optimal Taxation and the New New Welfare Economics," in A. Auerbach and M. Feldstein, Eds., Handbook of Public Economics, Volume 2, Amsterdam: North Holland, 1987, pp. 991-1041.
EBSCO	P. A. Diamond, “Optimal Income Taxation: An Example with a U-Shaped Pattern of Optimal Marginal Tax Rates,” American Economic Review, Volume 88, March 1998, pp. 83-95.
Reserve	F. Allen, “Optimal Linear Income Taxation with General Equilibrium Effects on Wages,” Journal of Public Economics, 17, 1982, pp. 135-144.
EBSCO	A. Sandmo, “The Tax They Pay May Be Your Own: Promotion, Taxes, and Labor Supply,” Scandinavian Journal of Economics 96, 1994, pp. 463-479.
EBSCO	E. Saez, “Using elasticities to derive optimal income tax rates,” Review of Economics Studies, 68, 2001, 205-229.
Reserve	B. Salanie, The Economics of Taxation, Chapter 4.

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3.3 Optimal Tax Design

Reserve	A. B. Atkinson, and J. E. Stiglitz, Lectures on Public Economics, McGraw Hill, 1980, Lecture 14, pp. 424-442.
Reserve	A. Deaton, "Optimally Uniform Commodity Taxes," Economic Letters 2, 1979, pp. 357-361.
Science Direct	A. B. Atkinson, and J. E. Stiglitz, "The Design of Tax Structure: Direct Versus Indirect Taxation," Journal of Public Economics, 1976, 6, pp. 55-75.
EBSCO	A. B. Atkinson, "Optimal Taxation and the Direct Versus Indirect Tax Controversy," Canadian Journal of Economics, 1977, pp. 590-606.
Reserve	J. A. Mirrlees, "Optimal Tax Theory: A Synthesis," Journal of Public Economics, 1976, 6, pp. 327-358.
EBSCO	J. Slemrod, "Optimal Taxation and Optimal Tax Systems," Journal of Economic Perspectives 4, Winter 1990, pp. 157-178.
Reserve	J. Stiglitz, "Pareto Efficient and Optimal Taxation and the New New Welfare Economics," in A. Auerbach and M. Feldstein, Eds., Handbook of Public Economics, Volume 2, Amsterdam: North Holland, 1987, pp. 991-1041.
Reserve	R. Arnott, “Reflections on Optimal Tax Theory,” in Quigley and Smolensky, Eds., Modern Public Finance, Chapter 10.
Science Direct	T. Besley and I. Jewitt, “Uniform Taxation and Consumer Preferences,” Journal of Public Economics, 1995, 58, pp. 73-84.
KLUWER	R. Boadway, “The Mirrlees’ Approach to the Theory of Economics Policy, “International Tax and Public Finance,” Volume 5, 1998, pp. 67-81.
EBSCO	A. Dixit and T. Besley, “James Mirrlees’ Contributions to the Theory of Information and Incentives,” Scandinavian Journal of Economics, Volume 99, 1997, pp. 207-235.
JSTOR	J. Rawls, “Some Reasons for the Maximin Criterion,” American Economic Review 64, May, 1974, pp. 141-146.
Reference	W. Vickery, “Progressive and Regressive Taxes,” in J. Eatwell et al, Eds., The New Palgrave: A Dictionary of Economics, London: MacMillan Press Ltd., 1987.
Reserve	R. Boadway and M. Keen, "Redistribution," in A. B. Atkinson and F. Bourguignon, eds., Handbook of Income Distribution, Volume 1, Amsterdam: North Holland, 2000.
Reserve NBER	E. Saez, “Direct or indirect tax instruments for redistribution: short run versus long run,” NBER Working Paper No. 8833, 2002
Reserve	H. Cremer and F. Gahvari, “Nonlinear pricing, redistribution, and optimal tax policy,” Journal of Public Economic Theory, 4, 2002, 139-161.
Reserve	B. Salanie, The Economics of Taxation, Chapter 5.

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3.4 Nontax instruments

JSTOR	H. Hochman and J. Rogers, ``Pareto-optimal redistributions,’’ American Economic Review, 59, 1969, 542-557.
Reserve	J. Buchanan,`` The Samaritan’s dilemma,’’ in E. Phelps, ed., Altruism, Morality and Economic Theory, Russel Sage Foundation, New York, 1975.
EBSCO	N. Bruce and N. Waldman, ``Transfers in kind : Why they can be efficient and nonpaternalistic,’’ American Economic Review, 81, 1991, 1345-1351.
JSTOR	S. Coate, ``Altruism, the Samaritan’s dilemma , and government transfer policy,’’ American Economic Review, 85, 1995, pp. 46-57.
EBSCO	T. Besley and S. Coate, ``Public provision of private goods and the redistribution of income,’’ American Economic Review, 81, 1991, pp. 979-984.
Reserve	F. Gahvari, ``In-kind versus cash transfers in the presence of distortionary taxation,’’ Economic Inquiry, 33, 1995, 45-53.
JSTOR	A.L. Nichols and R.J. Zeckhauser, ``Targeting transfers through restrictions on recipients,’’ American Economic Review, 72, 1982, 372-377.
EBSCO JSTOR	C. Blackorby and D. Donaldson, ``Cash versus kind, self-selection and efficient transfers,’’ American Economic Review, 78, 1988, 691-700.
Reserve	H. Cremer and F. Gahvari, ``In-kind transfers, self-selection and optimal tax policy,’’ European Economic Review, 41, 1997, 97-114.
EBSCO JSTOR	Besley and S. Coate, ``Workfare versus welfare : Incentive arguments for work requirements in poverty alleviation programs,’’ American Economic Review, 82, 1992, pp. 249-261.
EBSCO	T. Besley and S. Coate, ``The design of income maintenance programs,’’ Review of Economic Studies, 62, 1995, pp. 187-221.
Reserve	S. Coate, S. Johnson and R. Zeckhauser, ``Pecuniary redistribution through in-kind programs,’’ Journal of Public Economics, 55, September 1994, 19-40.

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3.5 Optimal Taxation and Uncertainty

Reserve	G. D. Myles, Chapter 7.
Reserve	P. A. Diamond, L. J. Helms and J. A. Mirrlees, "Optimal Taxation in a Stochastic Economy: A Cobb-Douglas Example," Journal of Public Economics 14, 1980, pp. 1-29
Reserve	J. Eaton, and H. S. Rosen, "Labor Supply, Uncertainty, and Efficient Taxation, Journal of Public Economics 14, 1980, pp. 365-374.
Reserve	J. A. Mirrlees, "Taxing Uncertain Incomes, Oxford Economic Papers 42, 1990, pp. 34-45.
Reserve	H. R. Varian, "Redistributive Taxation as Social Insurance, Journal of Public Economics 14, 1980, pp. 49-68.
EBSCO	H. Cremer and F. Gahvari, "Uncertainty and Optimal Taxation: In Defense of Commodity Taxes, Journal of Public Economics, 56, 1995, pp. 291-310.
EBSCO	H. Cremer and F. Gahvari, "Uncertainty, Optimal Taxation and the Direct Versus Indirect Tax Controversy," Economic Journal, 105, 1995, pp. 1165-1179.
EBSCO	H. Cremer and F. Gahvari, “Uncertainty, Commitment and Optimal Taxation,” Journal of Public Economic Theory, Volume 1, 1999, pp. 51-70.

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3.6 Optimal Taxation and Externalities

Reserve	A.L. Bovenberg and L. Goulder, "Environmental taxation and regulation,’’ in Auerbach and Feldstein, eds., Handbook of Public Economics, Vol. 3, pp. 1471-1540.
Reserve	A. L. Bovenberg and F. Van Der Ploeg, “Environmental policy, public finance and the labor market in a second-best world,” Journal of Public Economics 55, 1994, pp. 349-390.
JSTOR	A. L. Bovenberg and R.A. de Mooij, “Environmental levies and distortionary taxation,” American Economic Review 84, 1994, pp. 1085-1089.
JSTOR	L. Bovenberg and L. Goulder, “Optimal environmental taxation in the presence of other taxes: general equilibrium analyses,” American Economic Review 86, 1996, pp. 985-1000.
Reserve	H. Cremer, F. Gahvari and N. Ladoux, “Externalities and optimal taxation,” Journal of Public Economics, 70, 1998, pp. 343-364.
EBSCO	H. Cremer, F. Gahvari and N. Ladoux, “Second-best pollution taxes and the structure of preferences,” Southern Economic Journal, 68, issue 2, 2001, 258-280.
Science Direct	H. Cremer, and F. Gahvari, “Second-best taxation of emissions and polluting good,” Journal of Public Economics, 80, 169-197, 2001.
Science Direct	H. Cremer, and F. Gahvari, “Imperfect observability of emissions and second-best emission and output taxes,” Journal of Public Economics, 85, 2002, 385-407.
Reserve	H. Cremer, F. Gahvari and N. Ladoux, “Environmental taxes with heterogeneous consumers: an application to energy consumption in France,” Journal of Public Economics, 87, 2003, pp. 2791-2815.
EBSCO	H. Cremer, F. Gahvari and N. Ladoux, "Second-best pollution taxes and the structure of preferences," Southern Economic Journal, 68, 2001, 258-280
EBSCO	F. Gahvari, ``Review of Ruud A. de Mooij: Environmental taxation and the double dividend,’’ Journal of economic Literature, 40, 2002, 221-223.
EBSCO	D. Fullerton, “Environmental levies and distortionary taxation: Comment,” American Economic Review 87, 1997, pp. 245-251.
EBSCO	L. Kaplow, “The optimal supply of public goods and the distortionary cost of taxation,” National Tax Journal 49, 1996, pp. 513-533
Reserve	L. Goulder, “Environmental Taxation and the Double Dividend: A Reader’s Guide,” International Tax and Public Finance, 2, 1995, 157-183
Reserve	J. M. Poterba, “Tax policy to combat global warming: on designing a carbon tax,” in R. Dornbusch and J. M. Poterba, eds., Global Warming: Economic Policy Responses, Cambridge, MIT Press, 1991.
EBSCO	J. M. Poterba, “Global warming policy: a public finance perspective,” Journal of Economic Perspectives 7, 1993, pp. 47-63.
EBSCO	A. Sandmo, “Optimal taxation in the presence of externalities,” Swedish Journal of Economics 77, 1975, pp. 86-98.
JSTOR	P. Diamond and J. Hauseman, “Contingent valuation: Is some number better than no number?,” Journal of Economic Perspectives, 8, Fall 1994, 45-64.
JSTOR	W. Hanemann, “Valuing environmental benefit through contingent,” Journal of Economic Perspectives, 8, Fall 1994, 19-44.
Reserve	B. Salanie, The Economics of Taxation, Chapter 10.

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4. Taxation and Labor Supply

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5. Taxation and Housing

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6. Tax Evasion

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7. Taxation in Dynamic Settings

7.1 Overview

Reserve	G. D. Myles, Chapter 13.
Reserve	Atkinson and Stiglitz, Lectures on Public Economics, Chapter 8.
Reserve	O. J. Blanchard and S. Fischer, Lectures on Macroeconomics, The MIT Press: Cambridge, 1989, Chapters 2-3.
EBSCO JSTOR	P. A. Samuelson, "An Exact Consumption-Loan Model of Interest With or Without the Social Contrivance of Money," Journal of Political Economy, December 1958, pp. 467-482.
EBSCO JSTOR	P. A. Diamond, "National Debt in a Neo-classical Growth Model," American Economic Review, 55, 1965, pp. 1125-1150.
EBSCO JSTOR	R. J. Barro, "Are Government Bonds Net Wealth?," Journal of Political Economy, 1974, pp. 1095-1117.
Reserve	A. J. Auerbach and J.R. Hines, "Taxation and Economic Efficiency," in Auerbach and Feldstein, eds., Handbook of Public Economics, Vol. 3, pp. 1403-1414.
Reserve	L. Kotlikoff, "Generational Accounting: Knowing Who Pays, and When, for What We Spend, The Free Press, New York, 1992
EBSCO JSTOR	O. Blanchard, "Debt, Deficits, and Finite Horizons," Journal of Political Economy, XCIII, 1985, pp. 223-247.
Reserve	K. L. Judd, "Redistributive Taxation in a Simple Perfect Foresight Model," Journal of Public Economics, XXVIII, 1985, pp. 59-83.
Reserve	B. D. Bernheim, "Ricardian Equivalence: An Evaluation of Theory and Evidence," NBER Macroeconomics Annual II, 1991, pp. 263-304.
EBSCO JSTOR	B. D. Bernheim, "How Strong Are Bequest Motives? Evidence Based on Estimates of the Demand for Life Insurance and Annuities," Journal of Political Economy, October 1991, pp. 889-927.
EBSCO JSTOR	B. D. Bernheim and K. Bagwell, "Is Everything Neutral?," Journal of Political Economy, LXLVI-2, April 1988, pp. 308-338.
Reserve	A. J. Auerbach, “Public Sector Dynamics,” in Quigley and Smolensky, Eds., Modern Public Finance, Chapter 3.
Reserve	M. Feldstein, “Fiscal Policies, Capital Formation, and Capitalism,” European Economic Review, April 1995, pp. 399-420.
Science Direct	A. B. Atkinson, “Is the Welfare State Necessarily an Obstacle to Economic Growth?,” European Economic Review, April 1995, pp. 723-730.
Reserve	L. Kotlikoff, "Generational policy," in A. Auerbach and M. Feldstein, eds, Handbook of Public Economics, Volume 4, 2003, Chapter 27.

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7.2 Tax Incidence in Dynamic Models

Reserve	A. Auerbach and L. Kotlikoff, Dynamic Fiscal Policy, Cambridge: Cambridge University Press, 1987, Chapters 5, 9.
EBSCO	D. Bernheim, "A Note on Dynamic Tax Incidence," Quarterly Journal of Economics 95, 1981, pp. 705-723.
Reserve	P. Diamond, "The Incidence of an Interest Income Tax," Journal of Economic Theory 2, 1970, pp. 211-224.
EBSCO	M. Feldstein, "Tax Incidence in a Growing Economy with Variable Factor Supply," Quarterly Journal of Economics 88, 1974, pp. 551-573.
Reserve EBSCO JSTOR	G. A. Calvo, L. J. Kotlikoff and C. A. Rodriguez, "The Incidence of a Tax on Pure Rent, A New (?) Reason for an Old Answer," Journal of Political Economy, 1979, pp. 869-874.
Reserve	C. Chamley and B. Wright, "Fiscal Incidence in an Overlapping Generations Model with a Fixed Asset," Journal of Public Economics 32, 1987, pp. 3-24.
EBSCO JSTOR	M. Feldstein, "The Surprising Incidence of a Tax on Pure Rent: A New Answer to an Old Question," Journal of Political Economy 85, 1977, pp. 239-360.
Reserve	D. Fullerton and G. Metcalf, "Tax Incidence," in A. Auerbach and M. Feldstein, eds, Handbook of Public Economics, Volume 4, 2003, Chapter 26, Sections 4-7.

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7.3 The Optimal Taxation of Capital

Reserve	B. D. Bernheim, "Taxation and saving," in Auerbach and Feldstein, eds., Handbook of Public Economics, Vol. 3, pp. 1176-1207.
Reserve	Atkinson and Stiglitz, Lectures on Public Economics, pp. 442-451.
EBSCO	A. Atkinson and A. Sandmo, "Welfare Implications of the Taxation of Savings," Economic Journal 90, 1980, pp. 529-549.
EBSCO JSTOR	K. Judd, "The Welfare Cost of Factor Taxation in a Perfect Foresight Model," Journal of Political Economy 95, 1987, pp 675-709.
Reserve	M. King, "Savings and Taxation," in G. Hughes and G. Heal, Eds., Public Policy and the Tax System, London: George Allen Unwin, 1980, pp. 1-36.
Reserve	A. Sandmo, "The Effects of Taxation on Saving and Risk-Taking," in A. Auerbach and M. Feldstein, Eds., Handbook of Public Economics, Vol. 1, Amsterdam: North Holland, 1985, pp. 265-293.
Reserve	C. Chamley, "Optimal Taxation of Capital Income in General Equilibrium with Infinite Lives," Econometrica 54, 1986, pp. 607-622.
EBSCO JSTOR	C. Chamley, "The Welfare Cost of Capital Income Taxation in a Growing Economy," Journal of Political Economy, June 1981
Reserve	F. Gahvari, "Taxation of Housing, Capital Accumulation and Welfare: A Study in Dynamic Tax Reform," Public Finance Quarterly, April 1985, pp. 132-160.
Reserve	F. Gahvari, "Incidence and Efficiency Aspects of Differential Taxation of Residential and Industrial Capital in a Growing Economy," Journal of Public Economics, November 1984, pp. 211-234.
Reserve	K. Judd, "Optimal Taxation in Dynamic Stochastic Economies: Theory and Evidence," mimeo, Hoover Institution, 1989.
Reserve	P. Pestieau, "Optimal Taxation and Discount Rate for Public Investment in a Growth Setting," Journal of Public Economics, 1974, pp. 217-235
Reserve	Turnovsky, S. J. and T. Okuyana, “Taxes, Housing and Capital Accumulation in a Two-Sector Growing Model,” Journal of Public Economics, Journal of Public Economics, 53, 1994, pp. 245-267.
Science Direct	K. Judd, “Optimal Taxation and Spending in General Equilibrium Competitive Growth Models,” Journal of Public Economics, Volume 71, January 1999, pp. 1-26.
EBSCO	C. Chamley, “Efficient Tax Reform in a Dynamic Model of General Equilibrium,” Quarterly Journal of Economics, 100, May 1985, pp. 335-356.
JSTOR	R. Gordon and L. Bovenberg, ``Why is capital so immobile internationally? Possible explanations and implications for capital income taxation,’’ American Economic Review, 86, December 1996, 1057-1075. P.
Reserve	E. Sadka, "Estate taxation," Journal of Public Economics, forthcoming, 2003.
Reserve NBER	E. Saez, "Optimal capital income taxes in the infinite horizon model," NBER Working Paper No. 9046, 2002.
Reserve	M. Golosov, N. Kocherlakota and A. Tsyvinski, ``Optimal indirect and capital capital taxation,’’ Federal Reserve Bank of Minneapolis Working Paper No. 615, 2001 (forthcoming in Review of Economic Studies).
Reserve	B. Salanie, The Economics of Taxation, Chapter 6.

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7.4 Tax Policy, Rates of Return, and Saving

Reserve	B. D. Bernheim, "Taxation and saving," in Auerbach and Feldstein, eds., Handbook of Public Economics, Vol. 3, pp. 1208-1239.
Reserve	R. Broadway and D. Wildasin, “Taxation and Savings,” in M. P. Devereux ed., The Economics of Tax Policy, Oxford University Press, 1996.
Reserve	A. Atkinson and J. Stiglitz, Lectures in Public Economics, Chapter 3.
Reserve EBSCO JSTOR	M. Boskin, "Taxation, Savings, and the Rate of Interest," Journal of Political Economy 86, 1978, pp. S3-S27.
Reserve EBSCO JSTOR	R. Hall, "Intertemporal Substitution in Consumption," Journal of Political Economy 96, April 1988, pp. 339-357.
EBSCO	L. Kotlikoff, "Taxation and Savings: A Neoclassical Perspective," Journal of Economic Literature 22, 1984, pp. 1576-1629.
EBSCO	L. Summers, "Capital Taxation and Accumulation in a Life Cycle Model," American Economic Review 71, September 1981, pp. 533-544.
Reserve	D. Feenberg and J. Skinner, "Sources of IRA Saving," in L. Summers, Ed., Tax Policy and the Economy 3, 1989, pp. 25-46.
Reserve	J. Skinner, "IRAs: A Review of the Evidence," Tax Notes 13, January 1992, pp. 201-212.
Reserve	R. G. Hubbard, J. Skinner and S. P. Zeldes, "The Importance of Precautionary Motives in Explaining Individual and Aggregate Saving," Carnegie-Rochester Conference Series on Public Policy 40, 1994, pp. 59-125.
Reserve	O. Ashenfelter and M. Plant, “Nonparametric Estimates of the Labor Supply Effects of Negative Income Tax Programs,” Journal of Labor Economics 8, January 1990, pp. S396-415.

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7.5 Tax Reform

Reserve	M. J. Boskin, ed., Frontiers of Tax Reform, Hoover Institution Press: Stanford, 1996.
Reserve	D. F. Bradford, ed., Distributional Analysis of Tax Policy, The AEI Press: Washington, D.C., 1995.
Reserve	H. J. Aaron and W. G. Gale, eds., Economic Effects of Fundamental Tax Reform, Brooking Institution Press: Washington, D.C., 1996.

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8. Taxation in Non-Competitive Markets

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