| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5266 |
| DP5266 Factor Analysis in a New-Keynesian Model | |
| Roger Farmer; Jerome Henry; Massimiliano Marcellino; Andreas Beyer | |
| 发表日期 | 2005-10-23 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | It is relatively well known that the introduction of consumption taxation as an alternative in the tax code, and as the main source of government revenues, leads to a more efficient tax system. However the conventional wisdom is that the change from the actual tax code, based on taxation of capital and labour income to this consumption-based system, has undesirable distributional consequences. In this work a very simple method is developed to argue that the converse is the most reasonable outcome from that fundamental tax reform. The main difference in relation to the literature comes from the assumed source of household heterogeneity. Additionally it is shown that the inclusion of a tax on consumption allows for redistributive policies with no costs in terms of efficiency. |
| 主题 | International Macroeconomics |
| 关键词 | Consumption taxes Equity Fundamental tax reform Heterogeneous agents |
| URL | https://cepr.org/publications/dp5266 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534146 |
| 推荐引用方式 GB/T 7714 | Roger Farmer,Jerome Henry,Massimiliano Marcellino,et al. DP5266 Factor Analysis in a New-Keynesian Model. 2005. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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