; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Political Economy of Taxation in an Overlapping-Generations Economy"; ; "batchuser@example.com"; "Bassetto, Marco"; "Federal Reserve Bank of Minneapolis"; "H30 - Fiscal Policies and Behavior of Economic Agents: General", "E62 - Fiscal Policy"; "This paper builds a simple but complete model of a political system to analyze the effects of intergenerational conflicts on capital and labor income tax rates, transfers, and government spending. I show how the different nature of tax liabilities for the young and the old can explain why the old receive large gross lump-sum transfers through social security, while the young receive little or none. I also show that there is a natural link between the size of the government as a provider of public goods and the magnitude of transfers that the same government will implement."^^; "1999-12-01"; "2019-05-21T16:21:20.57183006+00:00"^^; "https://doi.org/10.21034/dp.133"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Wed Apr 22 16:39:10 2020"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "56"; "Discussion paper (Federal Reserve Bank of Minneapolis. Institute for Empirical Macroeconomics)"; "133"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Institute for Empirical Macroeconomics"; "Published in: _Review of Economic Dynamics_ (Vol. 11, No. 1, January 2008, pp. 18-43) https://doi.org/10.1016/j.red.2007.06.002."^^; ; "Publication" . ; .