CES Tax Theory
Laffer curve, corporate profit from CES markup, Saez top rate formula, and debt sustainability.
Impact Score
Score Reasoning
- Importance
- Well-connected macro application deriving tax theory from CES. Laffer curve and Saez formula are standard but CES-parametrized.
- Novelty
- CES-specific formulation of known tax theory results. The parametrization by sigma and J adds CES-specific content but core results are known.
- Quality
- Comprehensive article covering corporate profits, optimal rates, and debt sustainability through CES lens.