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Tax reforms, "free lunches", and "cheap lunches" in open economies /

This paper focuses on the macroeconomic and budgetary impact of tax reforms in a New Keynesian two-country model. Our results show that both income and consumption unilateral tax rate reductions do not constitute a "free lunch", in the sense that they have negative budgetary consequences f...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Ganelli, Giovanni (Author), Tervala, Juha (Author)
Corporate Author: IMF Institute
Format: Electronic eBook
Language:Inglés
Published: Washington, D.C. : International Monetary Fund, ©2008.
Series:IMF working paper ; WP/08/227.
Subjects:
Online Access:Texto completo

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