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Published in 2021 at "American Economic Journal: Macroeconomics"
DOI: 10.1257/mac.20170441
Abstract: This paper computes optimal top marginal tax rates in Bewley-Huggett-Aiyagari–type economies that include entrepreneurs. Consistent with the data, entrepreneurs are overrepresented at the top of the income distribution and are thus disproportionately affected by an…
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Keywords:
top marginal;
higher taxes;
taxes top;
top role ... See more keywords