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ArtikelWeakly Nonseparable Preferences and Distortionary Taxes in A Small Open Economy  
Oleh: Shouyong, Shi
Jenis: Article from Bulletin/Magazine
Dalam koleksi: INTERNATIONAL ECONOMIC REVIEW vol. 35 no. 2 (1994), page 411-428.
Topik: taxes; non separable preferences; distortionary taxes; small open economy
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: II49
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Isi artikelThis paper examines the dynamic effects of distortionary taxes in a small open economy. The employed utility function implies both endogenous rates of time preference and a tractable form of weak nonseparability between consumption and leisure. Weak non separability induces novel long - run welfare and wealth effects of taxes and generates very different current account movements. Endogenous rates of time preference facilitate the examination of a tax on international borrowing and lending.
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