Tax Cuts, Employment and Asset Prices: A Real Intertemporal Model
We determine the effects of a delayed or immediate tax cut with or without a sunset feature in a real customer-market, nonRicardian economy. Our model incorporates both the supply-sider channel, through which reduced wage income taxes stimulate work effort, as well as the Feldstein-Rubin-Summers cha...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2002
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/773 https://ink.library.smu.edu.sg/context/soe_research/article/1772/viewcontent/Taxcut_D11.pdf |
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| Institution: | Singapore Management University |
| Language: | English |