Fiscal Policy Through Time-Varying Tax Rates : If and How

If and How

Fiscal Policy Through Time-Varying Tax Rates : If and How
This paper investigates if there are circumstances where time-varying tax rates could improve welfare and whether such policy can effectively be implemented in practice. While, in principle, variable taxes could improve welfare in some cases, the paper highlights the very particular circumstances that need to prevail. With liquidity constraints,... READ MORE...

Publication date: October 2000
ISBN 9781451858419
$15.00

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