| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w4086 |
| 来源ID | Working Paper 4086 |
| The International Transmission of Tax Policies in a Dynamic World Economy | |
| Stephen J. Turnovsky; Marcelo Bianconi | |
| 发表日期 | 1992-06-01 |
| 出版年 | 1992 |
| 语种 | 英语 |
| 摘要 | This paper analyzes the international transmission of tax shocks in a two-country infinite-horizon representative agent framework. In analyzing such shocks, the viability of the underlying tax regimes, arising from the arbitrage conditions characterizing equilibrium in a perfect world capital market, is emphasized. Conditions for both short-run and long-run viability are derived, and the two polar regimes of source-based and residence-based taxation discussed. In general, we find the fanner more likely to satisfy the viability conditions, than the latter. With equity financing, the long-run viability of residence-based taxation is likely to require the harmonization of tax and/or dividend policy. The main features of the dynamic adjustment paths following a tax increase are characterized. |
| 主题 | International Economics ; International Macroeconomics ; Public Economics |
| URL | https://www.nber.org/papers/w4086 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/561433 |
| 推荐引用方式 GB/T 7714 | Stephen J. Turnovsky,Marcelo Bianconi. The International Transmission of Tax Policies in a Dynamic World Economy. 1992. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w4086.pdf（401KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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