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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Tervala, Juha
Awduron Eraill: Ganelli, Giovanni
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2008.
Cyfres:IMF Working Papers; Working Paper ; No. 2008/227
Mynediad Ar-lein:Full text available on IMF