Dr Thomas Renstrom's Outputs (2)

Optimal dynamic labor taxation (2007)
Journal Article
Basu, P., & Renström, T. (2007). Optimal dynamic labor taxation. Macroeconomic Dynamics, 11(5), 567-588. https://doi.org/10.1017/s1365100507060221

We analyze optimal dynamic taxation when labor supply is indivisible. As in Hansen (1985) and Rogerson (1988), markets are complete, and an employment lottery determines who works. The consumer can buy insurance to diversify this income uncertainty.... Read More about Optimal dynamic labor taxation.

Political institutions and economic growth (2007)
Journal Article
Marsiliani, L., & Renstrom, T. (2007). Political institutions and economic growth. Economics of Governance, 8(3), 233-261. https://doi.org/10.1007/s10101-007-0038-z

We analyze the impact of micro-founded political institutions on economic growth in an overlapping-generations economy, where individuals differ in preferences over a public good (as well as in age). Labour- and capital taxes finance the public good... Read More about Political institutions and economic growth.