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Education, Growth, and Redistribution in the Presence of Capital Flight

Chakrabarty, Debajyoti - 2006

The conventional wisdom in the literature on capital controls and growth argues that capital controls increase the ability of a government to tax capitalists which proves detrimental for growth. To address this issue, we construct an OLG model to study the effect of capital controls on human...

Persistent link: https://www.econbiz.de/10012733717

Education, Growth, and Redistribution in the Presence of Capital Flight

Chakrabarty, Debajyoti; Chanda, Areendam; Ghate, Chetan - 2006

We construct an overlapping generations model to study the effect of capital controls on human capital investments and the incidence of redistributive politics in a growing economy. We argue that the conventional wisdom linking higher capital controls to lower growth is reproduced only when an...

Persistent link: https://www.econbiz.de/10010263568

Optimal fiscal policy in a small open economy : insights from the growth model with human capital and public debt

Konopczyński, Michał - In: Central European journal of economic modelling and … 14 (2022) 2, pp. 131-160

Persistent link: https://www.econbiz.de/10013346801

Optimal parental leave subsidization with endogenous fertility and growth

Siew Ling Yew; Li, Shuyun May; Moslehi, Solmaz - 2022

Persistent link: https://www.econbiz.de/10012878868

Redistribution with unequal life expectancy

Köhne, Sebastian - 2023

optimal income tax policy using theory and calibration. A positive association between life expectancy and income counteracts … the well-known static pattern of declining marginal utility. As a result, the mechanical value of redistribution is … effects of the mechanical value of redistribution dominate, and the optimal marginal tax rates fall by up to 10 percentage …

Persistent link: https://www.econbiz.de/10014382962