Tariff-Tax Reforms in Large Economies /
This paper studies tariff-tax reforms in a calibrated two-region global New Keynesian model composed of a developing and an advanced region. In our baseline calibration, a revenue-neutral reform that lowers tariffs in developing countries can reduce domestic welfare. The reason is that the increase...
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| Médium: | Časopis |
| Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
2012.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2012/139 |
| On-line přístup: | Full text available on IMF |