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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Tervala, Juha
מחברים אחרים: Ganelli, Giovanni
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2008.
סדרה:IMF Working Papers; Working Paper ; No. 2008/227
גישה מקוונת:Full text available on IMF