Bling Bling Taxation and the Fiscal Virtues of Hip Hop
Per Engström ()
No 2010:7, Working Paper Series, Center for Fiscal Studies from Uppsala University, Department of Economics
The paper extends Ng’s (1987) model of optimal taxation of diamond goods — goods that are valued solely for their costliness. We extend his findings by analyzing how other goods should be taxed in the presence of pure diamond goods; modified Ramsey rules are derived in a basic single-type model as well as in a two-type model with redistribution. One key finding, that may be surprising and rather provoking, is that close complements (hip hop music) to diamond goods (bling bling) should be heavily subsidized.
Keywords: optimal taxation; status; luxury taxation (search for similar items in EconPapers)
JEL-codes: H20 H21 (search for similar items in EconPapers)
Pages: 12 pages
New Economics Papers: this item is included in nep-pub
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Our link check indicates that this URL is bad, the error code is: 404 Not Found
Journal Article: Bling bling taxation and the fiscal virtues of hip hop (2011)
Working Paper: Bling Bling Taxation and the Fiscal Virtues of Hip Hop (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hhs:uufswp:2010_007
Access Statistics for this paper
More papers in Working Paper Series, Center for Fiscal Studies from Uppsala University, Department of Economics Department of Economics, Uppsala University, P. O. Box 513, SE-751 20 Uppsala, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Katarina Grönvall ( this e-mail address is bad, please contact ).