A New-Open-Economy Macro Model for Fiscal Policy Evaluation /

We develop a New-Open-Economy-Macro model in which Ricardian equivalence does not hold because of (i) distortionary labor and corporate income taxation; (ii) limited asset market participation; and (iii) because the overlapping-generations structure results in a disconnect between current and future...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Muir, Dirk
Autor Corporativo: International Monetary Fund
Otros Autores: Romanov, Andrei, Laxton, Douglas, Botman, Dennis P. J.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, 2006.
Colección:IMF Working Papers ; Working Paper no. 06/45.
Temas:
Fiscal policy > Econometric models.
Macroeconomics.
Politique fiscale > Modèles économétriques.
Macroéconomie.
Fiscal policy > Econometric models
Macroeconomics
Acceso en línea:Texto completo
Tabla de Contenidos:
  • ""Contents""; ""I. Introduction""; ""II. The Model""; ""III. The Effects of Tax Cuts in a Small and Large Open Economy""; ""IV. Sensitivity Analysis""; ""V. Conclusion""; ""References""

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