G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w3443
来源IDWorking Paper 3443
Capital Controls, Collection Costs, and Domestic Public Debt
Joshua Aizenman; Pablo E. Guidotti
发表日期1990-09-01
出版年1990
语种英语
摘要The implications of a large public debt for the implementation of capital controls for an economy where tax revenue collection is costly are examined. Conditions are analyzed under which policymakers will resort to capital controls to reduce the cost of recycling domestic public debt. The linkages between a costly tax collection mechanism, capital controls, am domestic government debt are explored in terms of a two-period m:x1el of optimal taxation. Numerical simulations are provided to illustrate haw capital controls are linked to different domestic public debt levels am to different degrees of efficiency in tax-revenue collection.
主题International Economics
URLhttps://www.nber.org/papers/w3443
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/560735
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GB/T 7714
Joshua Aizenman,Pablo E. Guidotti. Capital Controls, Collection Costs, and Domestic Public Debt. 1990.
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