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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Format: | Revista |
Idioma: | English |
Publicat: |
Washington, D.C. :
International Monetary Fund,
1998.
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Col·lecció: | IMF Working Papers; Working Paper ;
No. 1998/182 |
Accés en línia: | Full text available on IMF |