Distortionary Taxation and the Debt Laffer Curve /
This paper highlights the importance of the role of the domestic tax system in determining the economic consequences of an external debt overhang. A simple taxation scheme is specified and it is shown that a country can be on the 'wrong side' of its debt Laffer curve only if it is on the w...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1992.
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| Series: | IMF Working Papers; Working Paper ;
No. 1992/010 |
| Subjects: | |
| Online Access: | Full text available on IMF |