WebDiamond, Peter, and James Mirrlees. 1971a. Optimal taxation and public production I: Production efficiency. The American Economic Review 61: 8–27. [Google Scholar] Diamond, Peter, and James Mirrlees. 1971b. Optimal taxation and public production II: Tax rules. The American Economic Review 61: 261–278. [Google Scholar] Between 1968 and 1976, Mirrlees was a visiting professor at the Massachusetts Institute of Technology three times. He was also a visiting professor at the University of California, Berkeley (1986) and Yale University (1989). He taught at both Oxford University (as Edgeworth Professor of Economics 1968–1995) and University of Cambridge (1963–1968 and 1995–2024). During his time at Oxford, he published papers on economic models for which he would eventuall…
Mirrlees meets Diamond-Mirrlees: Simplifying Nonlinear …
WebJan 1, 2024 · Peter Diamond has made fundamental contributions to economic theory over a wide range of areas including search theory and its implications for unemployment (for which he was awarded the Nobel Memorial Prize), optimal taxation, which he pioneered with James Mirrlees, incomplete markets and their implications inter alia for the design of … WebWe show that the Diamond and Mirrlees (1971) linear tax model contains the Mirrlees (1971) nonlinear tax model as a special case. In this sense, the Mirrlees model is an ap-plication … sharon bexon
Diamonds "Because Remember Gentlemen...Size Does Matter. – …
WebDownloadable! Diamond and Mirrlees (1971) and Dasgupta and Stiglitz (1972) show that production efficiency is achieved under the optimal commodity tax when profit income is zero. Here, we consider the simplest possible model to analyze production efficiency in the presence of profit income: a tax reform problem in an economy with a representative … WebLike Diamond and Mirrlees, Mankiw recognizes the flaw in Ramsey's model that planners can raise revenue through taxes only on commodities but also points out the weakness of Mirrlees's proposition. Mankiw argues that Diamond's and Mirrlees's theory is extremely complex because of how difficult it is to keep track of individuals producing at ... WebApr 1, 2000 · PDF March 2000 Diamond and Mirrlees (1971) provide sufficient conditions for a second-best Pareto efficient allocation with linear commodity taxation... Find, read and cite all the research ... sharon betzold ttu