Birth, Death and Taxes

Andrew Abel

No 2953, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper analyzes the effects of lump-sum tax policy in an overlapping generations model in which consumers have uncertain longevity. It extends previous analyses by considering the case in which private insurance arrangements are actuarially unfair. In addition, it considers the polar case of actuarially fair insurance and the polar case of no insurance. A general condition for debt neutrality is derived. This condition depends explicitly on the degree of actuarial unfairness in insurance and on the extent to which parents care about the utility of their children.

Date: 1989-05
Note: EFG
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Published as Journal of Public Economics, Vol 39, pp. 1-15, (1989).

Downloads: (external link)
http://www.nber.org/papers/w2953.pdf (application/pdf)

Related works:
Journal Article: Birth, death and taxes (1989)
Working Paper: Birth, Death and Taxes
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:2953

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w2953

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().