Fiscal Policy Interdependence and Efficiency

Author / Creator

Buiter, Willem H

Available as

Online

Summary

Abstract: international transmission of fiscal policy among open interdependent economies. Abstract: under free international capital mobility. With only lump-sum taxes and. Abstract: transfers, in...

Abstract: international transmission of fiscal policy among open interdependent economies.

Abstract: under free international capital mobility. With only lump-sum taxes and.

Abstract: transfers, international transmission involves only pecuniary externalities.

Abstract: barring dynamic inefficiency, only distributional issues (intergenerational and.

Abstract: international) are involved. With age-specific taxes and transfers, the.

Abstract: ability to run deficits and issue debt does not enhance the choice set of the.

Abstract: Source-based taxes on the rentals from capital and residence-based taxes.

Abstract: on all property income are also studied.

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