منابع مشابه
The Laffer curve for high incomes
An expression for the La er curve for high incomes is derived, assuming a constant Pareto parameter and elasticity of taxable income. The peak of this La er curve is given by the well-known Saez (2001) expression. Microsimulations using Swedish population data show that the simulated curve matches the theoretically derived La er curve well, suggesting that the analytical expression is not too m...
متن کاملIs there an Aid Laffer Curve ?
Comparing aid flows in the 1990s with those from the 1970s make it clear that there are now many more countries receiving what may be termed "high aid" (say in excess of 30 per cent of GNP) and that there has emerged a group of countries receiving very high aid. Whilst never formally considered in the literature, there is a feeling that such high aid may do more harm than good, a notion which m...
متن کاملMonetary and Fiscal Policies and the Growth Laffer Curve: Panel Data Evidences
The present paper examines the mitigating effect of monetary and fiscal policies on the “Growth Laffer curve” (GLC) using a panel data of 38 high income countries over the period 2003-2012. Adopting generalised method of moments (GMM) estimators, the paper finds evidence substantiating the presence of an inverted-U GLC. Moreover, the evidence suggests that the GLC shifts downward by employing e...
متن کاملThe sufficient statistic approach: Predicting the top of the Laffer curve
A formula for the revenue maximizing top tax rate is derived as a function of three elasticities. The formula applies to static models and to steady states of dynamic models and is relevant for the top tax rate on any component of income. The formula is applied to several classic models. The application of the formula is also illustrated using a quantitative human capital model. © 2017 Elsevier...
متن کاملOn the Manu-kautilya Norms of Taxation: an Interpretation Using Laffer Curve Analytics
High tax-rates erode their own bases, and thereby adversely affect tax-revenues. This general idea, which is referred to as the Laffer Curve, can be traced back to Kautilya's famous treatise on Economics, Arthasastra, and even before that, to the ancient Indian book of laws called the Manusmriti. This paper considers the basic tenets of taxation prescribed in these texts and attempts to interpr...
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ژورنال
عنوان ژورنال: Ekonomický časopis
سال: 2021
ISSN: 0013-3035,2729-7470
DOI: 10.31577/ekoncas.2021.03.05