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This paper explores the qualitative and quantitative implications of optimal taxation in a developing economy when economic growth is endogenously determined. We differentiate this class of economies from a developed economy in two aspects: informal sector is quantitatively significant and...
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medical-expense risk are crucial determinants of savings and wealth inequality and that we need to look at more data to … evaluate the consequences of policy reform. This paper surveys the savings mechanisms generated by the transmission of bequests …
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