participant of this market gets a tax subsidy since premiums are excluded from taxable income. However, people have different … receive implicit cross-subsidies from low-risk individuals. In this paper we explore several ways to reform the tax subsidy by … calibrate it using the Medical Expenditure Panel Survey Dataset. We find that even though the complete elimination of the tax …

participant of this market gets a tax subsidy since premiums are excluded from taxable income. However, people have different … receive implicit cross-subsidies from low-risk individuals. In this paper we explore several ways to reform the tax subsidy by … calibrate it using the Medical Expenditure Panel Survey Dataset. We find that even though the complete elimination of the tax …

The purpose of this paper is to analyze empirically the short- and long-run effects of tax shocks on private … show that the effects of tax shocks on the components of private consumption expenditure differ in the short- and long … expenditure, whereas in the long-run only two taxes - the VAT and the personal income tax - affect it. However, it is important to …

. Every participant in this market receives a tax subsidy because premiums are excluded from taxable income. However, people … reform the tax subsidy by taking this implicit cross- subsidization into account. Using a general equilibrium heterogeneous … agents model, we find that even though the complete elimination of the tax subsidy leads to the unraveling of the employer …

. Every participant in this market receives a tax subsidy because premiums are excluded from taxable income. However, people … reform the tax subsidy by taking this implicit cross- subsidization into account. Using a general equilibrium heterogeneous … agents model, we find that even though the complete elimination of the tax subsidy leads to the unraveling of the employer …

bequests. In particular, if the government imposes a flat-rate consumption tax (which is neutral to the consumption …-saving margin), uses part of the tax revenue for unproductive purposes, and rebates the rest equally across agents as a lump …

growth in the short run. Therefore, investment subsidy should not be financed by public debt but tax increases. …