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 …

international wage differentials and preferences for origin. We use a model of job search, savings and migration to show that job …