Atkinson and Stiglitz theorem in the presence of a household production sector

Helmuth Cremer; Firouz Gahvari

doi:10.1016/j.econlet.2014.11.020

Atkinson and Stiglitz theorem in the presence of a household production sector

Helmuth Cremer, Firouz Gahvari

Economics

Research output: Contribution to journal › Article › peer-review

Abstract

Atkinson and Stiglitz (1976) uniform commodity tax result does not hold when (at least) one of the goods is produced within the household. The result is restored if preferences are weakly-separable in market goods versus leisure and household goods.

Original language	English (US)
Pages (from-to)	91-95
Number of pages	5
Journal	Economics Letters
Volume	126
DOIs	https://doi.org/10.1016/j.econlet.2014.11.020
State	Published - Jan 1 2015

Keywords

Atkinson and Stiglitz theorem
Household production
Weak-separability

ASJC Scopus subject areas

Finance
Economics and Econometrics

Online availability

10.1016/j.econlet.2014.11.020

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abstract = "Atkinson and Stiglitz (1976) uniform commodity tax result does not hold when (at least) one of the goods is produced within the household. The result is restored if preferences are weakly-separable in market goods versus leisure and household goods.",

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Atkinson and Stiglitz theorem in the presence of a household production sector

Abstract

Keywords

ASJC Scopus subject areas

Online availability

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