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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| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2019.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 2019/097 |
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| 在線閱讀: | Full text available on IMF |