This paper examines the growth effects of an increase of capital income taxes with additional revenue being devoted to … generations model with endogenous growth, unemployment and a social security system comprising pensions and unemployment benefits …. It is shown that the reform not only promotes employment but may additionally stimulate economic growth. Calibrating the …

This paper examines the growth effects of an increase of capital income taxes with additional revenue being devoted to … generations model with endogenous growth, unemployment and a social security system comprising pensions and unemployment benefits …. It is shown that the reform not only promotes employment but may additionally stimulate economic growth. Calibrating the …

This paper examines the growth effects of an increase of capital income taxes with additional revenue being devoted to … generations model with endogenous growth, unemployment and a social security system comprising pensions and unemployment benefits …. It is shown that the reform not only promotes employment but may additionally stimulate economic growth. Calibrating the …

It has been shown that higher capital taxes can have a growth-enhancing effect when combined with a revenue … critically hinge on the existence of a bequest motive. It is shown that a wage-tax cut is no longer growth-enhancing when … bequests are operative. By way of contrast, increasing productive public services may well boost growth. The theoretical …

It has been shown that higher capital taxes can have a growth-enhancing effect when combined with a revenue … critically hinge on the existence of a bequest motive. It is shown that a wage-tax cut is no longer growth-enhancing when … bequests are operative. By way of contrast, increasing productive public services may well boost growth. The theoretical …

It has been shown that higher capital taxes can have a growth-enhancing effect when combined with a revenue … critically hinge on the existence of a bequest motive. It is shown that a wage-tax cut is no longer growth-enhancing when … bequests are operative. By way of contrast, increasing productive public services may well boost growth. The theoretical …

of mortality inequality within the U.S. Social Security system. Utilizing an OLG endogenous growth model of the U … income inequality. I find that the assumption of mortality homogeneity biases the equilibrium growth rate and welfare … suppresses growth and that, for a given range of subsidy rates, the fully funded system Pareto dominates PAYG in both the medium …