Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10005671992
This paper applies generational accounting to assess the impact of current fiscal policies on the growth-adjusted net tax burdens of different age cohorts in Norway. Using the most recent estimate of the government's petroleum wealth, our results indicate generational balance.
Persistent link: https://www.econbiz.de/10005672010
Discussion of the marginal cost of public funds with distortionary taxation are often cast in the framework of a one-consumer economy, while the main justification of distortionay taxes is that they are needed for distribution. This paper analyzes the issue in a model with heterogeneous...
Persistent link: https://www.econbiz.de/10005783285
The paper analyses optimal taxation of corporate profits when governments can choose both the rate and the base of the corporation tax, but are constrained to collect a given amount of corporate tax revenue. In a standard two-period model of investment and international mobility of portfolio...
Persistent link: https://www.econbiz.de/10005487123
This paper focuses on intergenerational welfare effects of fiscal deficits in an OLG model with wage bargaining and equilibrium unemployment.
Persistent link: https://www.econbiz.de/10005646778
Should the government run fiscal deficits in response to an adverse external shock that reduces national income permanently, warranting transfer of resources from production of non-traded to traded goods? This paper considers fiscal policy implications of sectoral adjustment costs in a model...
Persistent link: https://www.econbiz.de/10005646789