Funke, Michael; Strulik, Holger - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2003
This paper analyses the long-run effects of Estonia’s 2000 Income Tax Act with a dynamic general equilibrium model. Specifically, we consider the impact of the shift from an imputation system to one where companies only pay taxes on distributed profits. Balanced growth paths, transitional...