Distortionary Taxation and the Debt Laffer Curve /

This paper highlights the importance of the role of the domestic tax system in determining the economic consequences of an external debt overhang. A simple taxation scheme is specified and it is shown that a country can be on the 'wrong side' of its debt Laffer curve only if it is on the w...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Husain, Aasim
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 1992.
סדרה:IMF Working Papers; Working Paper ; No. 1992/010
נושאים:
גישה מקוונת:Full text available on IMF
LEADER 01684cas a2200265 a 4500
001 AALejournalIMF001532
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451926545 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Husain, Aasim. 
245 1 0 |a Distortionary Taxation and the Debt Laffer Curve /  |c Aasim Husain. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1992. 
300 |a 1 online resource (24 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper highlights the importance of the role of the domestic tax system in determining the economic consequences of an external debt overhang. A simple taxation scheme is specified and it is shown that a country can be on the 'wrong side' of its debt Laffer curve only if it is on the wrong side of its tax Laffer curve. The analysis indicates that fairly strong, and probably unrealistic, assumptions about the domestic tax system are needed to argue that the investment disincentives associated with the debt overhang are large enough to place a country on the wrong side of its debt Laffer curve. 
538 |a Mode of access: Internet 
650 7 |a Laffer Curve  |2 imf 
650 7 |a WP  |2 imf 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1992/010 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1992/010/001.1992.issue-010-en.xml  |z IMF e-Library