Search Results - subject:"Tax Smoothing"

A general theory of tax-smoothing

Karantounias, Anastasios G. - 2024

Persistent link: https://www.econbiz.de/10015159279

Climate policy and optimal public debt

Kellner, Maximilian; Runkel, Marco - In: International tax and public finance 31 (2024) 6, pp. 1584-1610

Persistent link: https://www.econbiz.de/10015187378

Climate policy and optimal public debt

Kellner, Maximilian; Runkel, Marco - In: International Tax and Public Finance (2023), pp. 1-27

Employing a two-period model with an environmental externality, this paper investigates the relation between emission taxation and the optimal level of public debt. The central insight is that the effect of emission taxation on optimal borrowing is ambiguous and may lead to lower or higher...

Persistent link: https://www.econbiz.de/10015192772

Optimal Public Deficit and Tax-smoothing in the Spanish Economy, 1850-2022

Congregado, Emilio; Esteve García, Vicente; Prats, … - 2023

In this paper we provide a formal test of Barro's tax-smoothing model, using Spanish data covering the period 1850 … findings do also support the existence of tax-smoothing in Spanish fiscal policy throughout the sample period. Consequently …, there is some evidence that the Spanish economy has engaged in tax-smoothing behaviour over the period analysed, as the …

Persistent link: https://www.econbiz.de/10015070674

Optimal public deficit and taxsmoothing in the Spanish economy, 1850-2022

Congregado, Emilio; Esteve García, Vicente; Prats, … - 2023

Persistent link: https://www.econbiz.de/10015069985

Climate policy and optimal public debt

Kellner, Maximilian; Runkel, Marco - In: International Tax and Public Finance 31 (2023) 6, pp. 1584-1610

Persistent link: https://www.econbiz.de/10015404559

Climate Policy and Optimal Public Debt

Kellner, Maximilian; Runkel, Marco - 2021

deviates from tax smoothing. Provided cumulative marginal damages are larger from today’s than from tomorrow’s emissions, the … investments reduces the deviation from tax-smoothing, but nevertheless increases optimal debt. …

Persistent link: https://www.econbiz.de/10012493011

Climate policy and optimal public debt

Kellner, Maximilian; Runkel, Marco - 2021

deviates from tax smoothing. Provided cumulative marginal damages are larger from today's than from tomorrow's emissions, the … investments reduces the deviation from tax-smoothing, but nevertheless increases optimal debt. …

Persistent link: https://www.econbiz.de/10012421235

Union debt management

Equiza-Goñi, Juan; Faraglia, Elisa; Oikonomou, Rigas - In: Journal of international money and finance 130 (2023), pp. 1-24

Persistent link: https://www.econbiz.de/10014248770

Should the U.S. government issue floating rate notes?

Hartley, Jonathan S.; Jermann, Urban J. - 2020

Persistent link: https://www.econbiz.de/10012319413