Welfare implications of switching to consumption taxation
نویسندگان
چکیده
منابع مشابه
The Welfare Effects of Switching from Consumption Taxation to Inflation Taxation in Iran’s Economy
The net effects of switching from consumption taxation to inflation taxation on resource allocation and welfare crucially depend on production externalities. With elastic labor supply, raising inflation taxation decreases leisure, but increases the levels of real consumption, capital, and output. Moreover, this tax switch has two opposing effects on the level of real money balances: A positive ...
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ژورنال
عنوان ژورنال: Journal of Economic Dynamics and Control
سال: 2020
ISSN: 0165-1889
DOI: 10.1016/j.jedc.2020.103991