eprintid: 10071341
rev_number: 17
eprint_status: archive
userid: 608
dir: disk0/10/07/13/41
datestamp: 2019-04-01 08:57:52
lastmod: 2021-12-29 23:26:21
status_changed: 2019-04-01 08:57:52
type: article
metadata_visibility: show
creators_name: Blundell, R
creators_name: Preston, I
title: Principles of Tax Design, Public Policy and Beyond: The Ideas of James Mirrlees, 1936–2018
ispublished: pub
divisions: UCL
divisions: B03
divisions: C03
divisions: F24
keywords: Sir James Mirrlees, optimum taxation, contract theory, project analysis, growth.
JEL classification numbers: B21, B31, D82, D86, H21, H24, O22, O40
note: © 2019 The Authors.

This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited. https://creativecommons.org/licenses/by/4.0/
abstract: Sir James Mirrlees, co‐recipient of the 1996 Nobel Memorial Prize in Economic Sciences, passed away in August 2018. This article outlines how his work has transformed economists’ understanding of their discipline – from the principles of tax design to the theory of contracts and beyond. By conceiving of policy questions in terms of information asymmetries between governments and taxpayers, Mirrlees demonstrated how to conduct convincing analysis of redistributive objectives together with incentive effects in the design of general tax systems and public policy more broadly. His ability to simplify complex problems in ways that reveal their tractable essence means that his work has yielded insights that have reverberated throughout the discipline. It has also proved highly fruitful for practical policy design.
date: 2019-03
date_type: published
official_url: https://doi.org/10.1111/1475-5890.12183
oa_status: green
full_text_type: pub
language: eng
primo: open
primo_central: open_green
article_type_text: Journal Article
verified: verified_manual
elements_id: 1643416
doi: 10.1111/1475-5890.12183
lyricists_name: Blundell, Richard
lyricists_name: Preston, Ian
lyricists_id: RBLUN25
lyricists_id: IPPRE90
actors_name: Preston, Ian
actors_id: IPPRE90
actors_role: owner
full_text_status: public
publication: Fiscal Studies
volume: 40
number: 1
pagerange: 5-18
issn: 1475-5890
citation:        Blundell, R;    Preston, I;      (2019)    Principles of Tax Design, Public Policy and Beyond: The Ideas of James Mirrlees, 1936–2018.                   Fiscal Studies , 40  (1)   pp. 5-18.    10.1111/1475-5890.12183 <https://doi.org/10.1111/1475-5890.12183>.       Green open access   
 
document_url: https://discovery.ucl.ac.uk/id/eprint/10071341/1/Blundell_et_al-2019-Fiscal_Studies.pdf