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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Tervala, Juha
अन्य लेखक: Ganelli, Giovanni
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2008.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2008/227
ऑनलाइन पहुंच:Full text available on IMF