Econ 8803: Public Economics, First Mini, Spring 2012



Weds Jan 18th            Notes on Ramsey taxation.

See also          “Taxing Capital Income: A Bad Idea” by Atkeson, Chari, and Kehoe, FRB Minneapolis QR, 1999


Mon Jan 23rd              Notes on Ramsey taxation in an OG economy

See also          “Optimal Taxation in Life-Cycle Economies” by Erosa and Gervais, JET 2002, and


Weds Jan 25th            “Redistributive Taxation in a Simple Perfect Foresight Model” by Judd, JPubE 1985

“Taxing Capital? Not a Bad Idea After All!” by Conesa, Kitao, and Krueger, AER March 2009

“On the Distributional Effects of Reducing Capital Taxes” by Domeij and Heathcote, IER 2005


Mon Jan 30th              “Tax Policy Announcement in a Heterogeneous Agents Model” by Dyrda and Pedroni, 2012

                                    “Constrained Efficiency in the Neoclassical Growth Model with Uninsurable Idiosyncratic Shocks” by Davila, Hong, Krusell and Rios-Rull


Weds Feb 1st              “Optimal Income Taxation: Mirrlees Meets Ramsey” by Heathcote and Tsujiyama, 2012


Mon Feb 6th               “The Surprising Power of Age-Dependent Taxes” by Weinzierl, REStud 2011 See also technical appendix


Weds Feb 8th             “Insurance and Taxation Over the Life Cycle” by Farhi and Werning, 2011

                                    “Redistributive Taxation in a Partial Insurance Economy” by Heathcote, Storesletten and Violante, 2010


Mon Feb 13th             “Social Security Reform with Heterogeneous Agents” by Conesa and Krueger, RED 1999


Weds Feb 15th           “Pareto-Improving Social Security when Financial Markets are Incomplete” by Krueger and Kubler, AER 2006


Mon Feb 19th             Victor Rios-Rull on time-consistent policy


Mon Feb 26th             “Rotten Parents and Disciplined Children” by Song, Storesletten and Zilibotti


Weds Feb 28th           “A Model of the Consumption Response to Fiscal Stimulus Payments” by Kaplan and Violante

                                    See also “Fiscal Policy with Heterogeneous Agents and Incomplete Markets” by Heathcote, REStud 2005