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12:30 - 13:45 1 June 2011

Optimal Dynamic Taxes


IFS Conference Room | Institute for Fiscal Studies (link Map)
7 Ridgmount Street | London | WC1E 7AE |

Open to: Academic | Student
Ticketing: Open

Speaker information

Mike Golosov, Dornbusch Career Development Associate Professor, MIT

We develop a methodology to derive formulas that facilitate interpretation of the forces determining optimal labor and savings distortions in dynamic settings. The formulas for the labor wedges extend the static optimal taxation analysis of Diamond (1998) and Saez (2001) to dynamic settings. Compared to the static analysis, the dynamic nature of the problem offers three novel insights.


Department of Economics Reception
0207 679 5888 |


Seminar paper