The new dynamic public finance / Narayana R. Kocherlakota.

Chapter 2: The Ramsey Approach and Its Problems ; 2.1 A Simple Model of Government Finance ; 2.2 The Dynamic Ramsey Taxation Problem: Setup ; 2.3 The Dynamic Ramsey Taxation Problem: Solution ; 2.4 Problems with the Ramsey Approach -- Chapter 3: Basics of Dynamic Social Contracting ; 3.1 Class of Environments ; 3.2 Incentive-Compatibility ; 3.3 Remarks on Incentive-Compatibility ; 3.4 Pareto Optimal Allocations ; 3.5 The Reciprocal Euler Equation ; 3.6 Dynamics of Pareto Optimal Consumption ; 3.7 Long-Run Properties of Pareto Optima -- Chapter 4: Dynamic Optimal Taxation: Lessons for Macroeconomists ; 4.1 A Nonlinear Tax Problem ; 4.2 Any Tax Equilibrium Is Incentive-Compatible ; 4.3 Building an Optimal Tax System ; 4.4 Properties of the Optimal Tax System ; 4.5 Remarks about the Optimal System -- Chapter 5: Optimal Intergenerational Taxation ; 5.1 An Intergenerational Tax Problem ; 5.2 Another Reciprocal Euler Equation ; 5.3 Properties of Socially Optimal Allocations ; 5.4 Optimal Bequest Taxation -- Chapter 6: Quantitative Analysis: Methods and Results ; 6.1 Immortal Agents in an Open Economy ; 6.2 A Closed Overlapping Generations Economy -- Chapter 7: The Way Forward ; 7.1 More Widely Applicable Tax Systems ; 7.2 New Solution Methods ; 7.3 Inputs from the Data