Studies in Macroeconomic Theory

PrefaceIntroduction: Taxation, Redistribution, and GrowthI. Steady-State Choices 1. The Golden Rule of Accumulation: A Fable for Growthmen 2. Public Debt, Taxation, and Capital Intensiveness 3. Linear Taxation of Wealth and Wages for Intragenerational Lifetime Justice: Some Steady-State CasesII. Efficient Growth: The Uses of Saving 4. The New View of Investment 5. Substitution, Fixed Proportions, Growth and Distribution 6. Induced Invention, Growth and Distribution 7. On the Increase of Technology 8. Investment in Humans, Technological Diffusion, and Economic Growth 9. Population IncreaseIII. Optimal National Saving: Alternative Approaches 10. The Accumulation of Risky Capital: A Sequential Utility Analysis 11. Fiscal Neutralism and Activism toward Economic Growth 12. Second-Best National Saving and Game-Equilibrium Growth 13. The Indeterminacy of Game-Equilibrium Growth 14. Rawlsian Growth: Dynamic Programming of Capital and Wealth for Intergeneration 'Maximin' JusticeIV. Optimal Redistribution and Growth 15. Taxation of Wage Income for Economic Justice 16. Linear 'Maximin' Taxation of Wage and Property Income on a 'Maximin' Growth Path 17. The Concept of Optimal Taxation in the Overlapping-Generations Model of Capital and WealthV. Notions of Justice in Public Finance 18. Recent Developments in Welfare Economics: Justice et Équité