Do reductions in capital income taxes attract foreign capital and, at the same time, foster economic growth? This paper …-country overlapping generations model with endogenous growth and internationally mobile capital. It shows that domestic capital taxes … necessarily the same. A country can increase its share of the existing world capital by changing its taxes but, depending on the …

Do reductions in capital income taxes attract foreign capital and, at the same time, foster economic growth? This paper …-country overlapping generations model with endogenous growth and internationally mobile capital. It shows that domestic capital taxes … necessarily the same. A country can increase its share of the existing world capital by changing its taxes but, depending on the …

taxes have no impact on dynamics except when the tax rate varies over time. Constant research subsidies raise the growth … rate while increasing subsidies have the opposite effect. We also find that supporting sectors by providing them with …

taxes have no impact on dynamics except when the tax rate varies over time. Constant research subsidies raise the growth … rate while increasing subsidies have the opposite effect. We also find that supporting sectors by providing them with …

taxes have no impact on dynamics except when the tax rate varies over time. Constant research subsidies raise the growth … rate while increasing subsidies have the opposite effect. We also find that supporting sectors by providing them with …

taxes have no impact on dynamics except when the tax rate varies over time. Constant research subsidies raise the growth … rate while increasing subsidies have the opposite effect. We also find that supporting sectors by providing them with …