This paper explores the qualitative and quantitative implications of taxation for growth and savings in three Latin … American countries: Brazil, Chile and Mexico, studying a small open economy in the context of an endogenous growth model where … labor taxes should be lower than actual taxes in Brazil and Chile. However, while sub-optimal taxes seem to imply lower long …

This paper explores the qualitative and quantitative implications of taxation for growth and savings in three Latin … American countries: Brazil, Chile and Mexico, studying a small open economy in the context of an endogenous growth model where …

countries) and, in some cases, increase savings, especially in the long term. [...] …