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In this paper the impacts of income and consumption taxes are analyzed within a model of stochastic endogenous growth with congestion. It is shown that the optimal amount of governmental input diminishes with uncertainty and that the optimal financing depends on the relation between the degrees...
Persistent link: https://www.econbiz.de/10010317569
In this paper the impacts of income and consumption taxes are analyzed within a model of stochastic endogenous growth with congestion. It is shown that the optimal amount of governmental input diminishes with uncertainty and that the optimal financing depends on the relation between the degrees...
Persistent link: https://www.econbiz.de/10005464727
Persistent link: https://www.econbiz.de/10005345467
In this paper the impacts of income and consumption taxes are analyzed within a model of stochastic endogenous growth with congestion. It is shown that the optimal amount of governmental input diminishes with uncertainty and that the optimal financing depends on the relation between the degrees...
Persistent link: https://www.econbiz.de/10011526036
Persistent link: https://www.econbiz.de/10005706608