Intergenerational disagreements in labor supply and optimal bequest taxation
This paper studies optimal taxation of bequests in a model where altruistic parents and their offspring disagree on the offspring's labor supply decision. I show that whenever offspring is too lazy from the parent's perspective and there are income effects on labor supply, optimal policy i...
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| Format: | Article |
| Language: | English |
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Elsevier
2017-12-01
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| Series: | Central Bank Review |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S1303070117300562 |