@TechReport{iza:izadps:dp2559,
            	author={Koethenbuerger, Marko and Poutvaara, Panu},
            	title={Rent Taxation in a Small Open Economy: The Effect on Transitional Generations},
            	year={2007},
	month={Jan},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={2559},
            	url={https://www.iza.org/index.php/publications/dp2559},
	abstract={We show that taxation of rents may yield an intergenerational Pareto-improvement in a small open economy provided tax revenues are earmarked to reduce wage taxes. Previous literature has shown that rent taxation benefits current young and future generations, while we show that it also benefits the current old generation when the initially prevailing tax mix is sufficiently skewed towards wage taxation.},
	keywords={capitalization;transitional dynamics;labor supply;asset prices;rent taxes},
            }