The Econometric SocietyEconometrica: Jul 1991, Volume 59, Issue 4
Equilibrium in a Production Economy with an Income Tax
https://doi.org/0012-9682(199107)59:4<1091:EIAPEW>2.0.CO;2-3
p.
1091-1104
Wilbur John Coleman II
A state-dependent income tax is incorporated into a stochastic, discrete-time, infinite-horizon production economy. Methods are developed for establishing the existence and uniqueness of an equilibrium, and for computing this equilibrium.Log In To View Full Content