1. Discussion and Working Paper // 2002

    Does old capital matter for implementing a Pareto-improving tax reform?

    Is it possible to replace the income tax by a consumption tax or a wage tax such that (i) a dynamic (intergenerational) Pareto-improvement is obtained and (ii) only the information available from enforcing the…

  2. Discussion and Working Paper // 2001

    Environmental Taxation and Induced Structural Change in an Open Economy: The Role of Market Structure (mit C. Böhringer und H.Welsch), German Economic Review 9 (1), 17-40

    The economic effects of environmental taxes depend on the market structure. Under imperfect competition with free entry and exit, environmental taxes have an impact on economies of scale by changing the number…