Financial Frictions and Stimulative Effects of Temporary Corporate Tax Cuts /

This paper uses an industry equilibrium model where some firms are financially constrained to quantify the effects of a transitory corporate tax cut funded by a future tax increase on the U.S. economy. It finds that by increasing current cash-flows tax cuts alleviate financing frictions, hereby stim...

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書目詳細資料
主要作者: Gbohoui, William
其他作者: Castro, Rui
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2019.
叢編:IMF Working Papers; Working Paper ; No. 2019/097
主題:
在線閱讀:Full text available on IMF