Minutes of Home Economics Section

Economics 2450A: Public Economics Section 9: Linear Capital Taxation

In this section we introduce a framework to study optimal linear capital taxation. We first focus on a two-period model, define the concept of intertemporal wedge and derive optimal capital taxes using the Atkinson Stiglitz result. We then move to an infinite horizon model with aggregate uncertainty and derive optimal taxes. Finally, we study a model with capitalists and workers and show that o...

Economics 2450A: Public Economics Section 7: Optimal Top Income Taxation

In this Section we study the optimal design of top income taxes.1 We have already covered optimal top income taxation in a simple Mirrlees framework in Section 2. Today, we will start from the “trickle down” model with endogenous wages introduced by Stiglitz (1982). We then analyze an example of optimal taxation in a general equilibrium model where workers choose between di↵erent occupations/se...

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The Nuffield Home Economics project.

3. Fibres and fabrics. Materials and their properties; the importance of textiles in daily life from bandages to car tyres; the principles behind textiles, dress and fashion (Nuffield Home Economics, 1983a,b,c). 4. People and homes. Homes as shelters and ways of meeting individual and family needs; the scientific principles underlying the effective and economic management of the home and its eq...

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