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Tariff-tax reforms in large economies /

This paper studies tariff-tax reforms in a calibrated two-region global New Keynesian model composed of a developing and an advanced region. In our baseline calibration, a revenue-neutral reform that lowers tariffs in developing countries can reduce domestic welfare. The reason is that the increase...

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Détails bibliographiques
Cote:Libro Electrónico
Auteurs principaux: Ganelli, Giovanni (Auteur), Tervala, Juha (Auteur)
Format: Électronique eBook
Langue:Inglés
Publié: [Washington, D.C.] : International Monetary Fund, ©2012.
Collection:IMF working paper ; WP/12/139.
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