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long-run elasticity that governs the revenue-maximizing capital tax rate. …
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This paper develops an original model of product differentiation, to contribute to the debate about theregulation and finance of public television. It goes beyond the conventional analysis in this topic, byshowing the spill-over effects that a public broadcaster can have upon commercial...
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This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt … effective tax rate. We show how persistent differences in growth rates across countries could stem from differential public … finance constraints, and differentiate between the case where the public expenditure finances the flow of recurring spending …
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