Showing 1 - 5 of 5
and income taxes; (b) make wealth taxes less efficient relative to capital income taxes, at given rates of tax; (c) reduce …
Persistent link: https://www.econbiz.de/10012660030
We study the effects of tax laws on foreign direct investment (FDI) and direct investment abroad (DIA), distinguishing in each case between investment financed by retained earnings and investment financed by transfers from abroad. We find that tax policy, through its effect on the rate-of-return...
Persistent link: https://www.econbiz.de/10012477214
structural vector autoregressions show that lower taxes and higher government purchases can boost output, it is difficult to …
Persistent link: https://www.econbiz.de/10012463242
combination of a drop in total factor productivity (TFP) during 1990-92 and of increases in taxes on labor and consumption and …
Persistent link: https://www.econbiz.de/10012465055
accounted for by the evolution of taxes in an otherwise standard neoclassical growth model. Although taxes play a crucial role …, we cannot argue that taxes drive all of the movements in hours worked. In particular, the model underpredicts the large …
Persistent link: https://www.econbiz.de/10012455090