Olave, Echevarría; Angel, Cruz; Padilla, Iza; Amaya, María - Departamento de Fundamentos del Análisis Económico … - 2013
We analyze the effects of capital income taxation on long-run growth in a stochastic, two-period overlapping generations economy. Endogenous growth is driven by a positive externality of physical capital in the production sector that makes firms exhibit an aggregate ρoKπ4echnology in...