The Macroeconomic and Distributional Implications of Fiscal Consolidations in Low-income Countries /

We quantitatively investigate the macroeconomic and distributional impacts of fiscal consolidations in low-income countries (LICs) through value added tax (VAT), personal income tax (PIT), and corporate income tax (CIT). We extend the standard heterogeneous agents incomplete markets model by includi...

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Bibliographic Details
Main Author: Peralta-Alva, Adrian
Other Authors: Mendes Tavares, Marina, Tam, Xuan, Tang, Xin
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Working Papers; Working Paper ; No. 2018/146
Online Access:Full text available on IMF