Title of article :
The Laffercurverevisited
Author/Authors :
Mathias Trabandt، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2011
Pages :
23
From page :
305
To page :
327
Abstract :
Laffer curvesfortheUS,theEU-14andindividualEuropeancountriesarecompared, using aneoclassicalgrowthmodelfeaturing‘‘constantFrischelasticity’’(CFE)prefer- ences. Newtaxratedataisprovided.TheUScanmaximallyincreasetaxrevenuesby 30% withlabortaxesand6%withcapitaltaxes.Weobtain8%and1%fortheEU-14. There, 54%ofalabortaxcutand79%ofacapitaltaxcutareself-financing.The consumptiontaxLaffercurvedoesnotpeak.Endogenousgrowthandhumancapital accumulationaffecttheresultsquantitatively.Householdheterogeneitymaynotbe important,whiletransitionmattersgreatly
Journal title :
Journal of Monetary Economics
Serial Year :
2011
Journal title :
Journal of Monetary Economics
Record number :
846473
Link To Document :
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