| Publication Type | Preprints | |
| Author | Martin Hellwig | |
| Year of Publication | 2007 | |
| Issue | 2007/02 | |
| Abstract | The paper provides a new formulation of the Mirrlees-Seade theorem on the positivity of the optimal marginal income tax, under weaker assumptions and in a more general model. The formulation of the theorem is independent of whether the model involves finitely many types or a continuous type distribution. The formal argument makes the underlying logic transparent, relating the mathematics to the economics and showing precisely how each assumption enters the analysis. | |
| Pagination | 60 | |
| Publisher | Max Planck Institute for Research on Collective Goods | |
| Place Published | Bonn | |
| Export | Tagged BibTex XML | |
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| Published in: | Journal of Public Economics, vol. 91, pp. 1449-1477, 2007 | |
| Supplementary Material | ||
| Keywords | Utilitarian Welfare Maximization, Redistribution, Optimal Income Taxation | |
| JEL-Codes | H21, D63 |