The Dynamic Macroeconomic Effects of Tax Policy in an Overlapping Generations Model /

The paper studies the dynamic allocation effects of tax policy in the context of an overlapping generations model of the Blanchard-Yaari type. The model is extended to allow for endogenous labor supply and three tax instruments: a capital income tax, labor income tax, and consumption tax. Analytical...

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Autor principal: Heijdra, Ben
Altres autors: Ligthart, Jenny
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1998.
Col·lecció:IMF Working Papers; Working Paper ; No. 1998/182
Accés en línia:Full text available on IMF