Intergenerational disagreements in labor supply and optimal bequest taxation

Hakki Yazici

Central Bank Review, 2017, vol. 17, issue 4, 127-130

Abstract: 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 involves a subsidy on bequests.

Keywords: Intergenerational disagreement; Bequests; Optimal taxation (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:tcb:cebare:v:17:y:2017:i:4:p:127-130

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