Hasanaliyev, Orkhan2016-01-082016-01-082001http://hdl.handle.net/11693/15141Cataloged from PDF version of article.Includes bibliographical references leaves 28-30.This paper analyzes optimal capital income taxation in infinitely-lived overlapping generations economy for both cases when government has the ability to tax capital and labor income of individuals of different vintages differently and when it has no such an ability. In such an economy with the commitment technology I find that optimal long-run capital income tax is zero fot both cases. For a special caso of additively seperable utility functions, I find that if the government has rich set of fiscal instruments, then capital income tax is zero even along the transition path.vi, 30 leavesEnglishinfo:eu-repo/semantics/openAccessOptimal TaxationCommitment TechnologyRamsey EquilibriumOLGHJ4629 .H37 2001Income tax--Mathematical models.Fiscal policy--Taxation.Capital levy.Equilibrium (Economics).Tax planning.Thesis