Strategic Behavior, Debt Neutrality, and Crowding Out
نویسندگان
چکیده
منابع مشابه
Strategic Behavior, Debt Neutrality and Crowding Out
This paper presents an overlapping generations model in which children seek to manipulate the size of the end-of-life bequest they receive from the parent. I first use numerical simulations to show this intergenerational strategic behavior does not negate the debt neutrality assertions of Ricardian equivalence. Then, by introducing capital gains and inheritance taxes, I show the crowding out ef...
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ژورنال
عنوان ژورنال: Public Finance Review
سال: 2006
ISSN: 1091-1421,1552-7530
DOI: 10.1177/1091142105284214