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Capital income taxation and public debt in an endogenous fertility model

Minoru Watanabe ()
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Minoru Watanabe: Hokusei Gakuen University / Research Fellow, Graduate School of Economics, Kobe University

No 2209, Discussion Papers from Graduate School of Economics, Kobe University

Abstract: This study constructs an overlapping generations model with fertility choice and unemployment caused by a constant minimum wage and incorporating public debt . It shows that a higher capital income tax reduces the public debt burden and hence promot es capital accumulation, which leads to an improvement in unemployment and fertility rates.

Pages: 11 pages
Date: 2022-04
New Economics Papers: this item is included in nep-dge, nep-pbe and nep-pub
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