A New-Open-Economy Macro Model for Fiscal Policy Evaluation /
We develop a New-Open-Economy-Macro model in which Ricardian equivalence does not hold because of (i) distortionary labor and corporate income taxation; (ii) limited asset market participation; and (iii) because the overlapping-generations structure results in a disconnect between current and future...
第一著者: | |
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その他の著者: | , , |
フォーマット: | 雑誌 |
言語: | English |
出版事項: |
Washington, D.C. :
International Monetary Fund,
2006.
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シリーズ: | IMF Working Papers; Working Paper ;
No. 2006/045 |
オンライン・アクセス: | Full text available on IMF |