This White Paper presents a series of policy recommendations based on the results of the numerous stakeholder engagement and participatory activities forming part of the RE-ACT process and framework for regional collaboration. This was promoted during 2020-2022 within the Erasmus+ Forward...

This paper considers a Ramsey model of linear capital and labor income taxation in which a benevolent government cannot commit ex-ante to a sequence of taxes for the future. In this setup, if the government is allowed to borrow and lend to the consumers, the optimal capital income tax is zero in...

This paper considers a representative agent model of linear capital and labor income taxation in which the government cannot commit ex-ante to a sequence of policies for the future. In this setup, if the government is more impatient than the households, the capital income tax will be positive in...