Tax Reforms, 'Free Lunches', and 'Cheap Lunches' in Open Economies /
This paper focuses on the macroeconomic and budgetary impact of tax reforms in a New Keynesian two-country model. Our results show that both income and consumption unilateral tax rate reductions do not constitute a "free lunch", in the sense that they have negative budgetary consequences f...
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2008.
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| coleção: | IMF Working Papers; Working Paper ;
No. 2008/227 |
| Acesso em linha: | Full text available on IMF |