Financial Frictions and Stimulative Effects of Temporary Corporate Tax Cuts /
This paper uses an industry equilibrium model where some firms are financially constrained to quantify the effects of a transitory corporate tax cut funded by a future tax increase on the U.S. economy. It finds that by increasing current cash-flows tax cuts alleviate financing frictions, hereby stim...
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| Médium: | Časopis |
| Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
2019.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2019/097 |
| Témata: | |
| On-line přístup: | Full text available on IMF |