Biørn, Erik - Økonomisk institutt, Universitetet i Oslo - 2009
a recurring issue in the literature on optimal taxation. Exponential decay, although empirically contested, is almost … ubiquitous. In the present paper a generalized framework which allows for a general, non-exponential, decay pattern for both true … capital concepts are involved, two of which coincide under exponential decay. The trade-off between various departures from …