Gillman, Max; Kejak, Michal - Közgazdaság-tudományi Intézet, Közgazdaság- és … - 2008
The paper formalizes the relation between flat taxes and growth when there is a competitive equilibrium tax evasion. A … intermediation microfoundation approach, with deposits as an input. Across a class of endogenous growth models, tax evasion decreases … the effective tax rate, and thereby lessens the negative effect of taxes on growth. And as the tax rate rises, tax evasion …