The Fiscal State-Dependent Effects of Capital Income Tax Cuts /
Using the post-WWII data of U.S. federal corporate income tax changes, within a Smooth Transition VAR, this paper finds that the output effect of capital income tax cuts is government debt-dependent: it is less expansionary when debt is high than when it is low. To explore the mechanisms that can dr...
| मुख्य लेखक: | Fotiou, Alexandra |
|---|---|
| अन्य लेखक: | Shen, Wenyi, Susan Yang, Shu-Chun |
| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2020.
|
| श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2020/071 |
| ऑनलाइन पहुंच: | Full text available on IMF |
समान संसाधन
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Corporate Income Tax Harmonization and Capital Allocation : Corporate Income Tax Harmonization and Capital Allocation.
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