Title of article
The Laffercurverevisited
Author/Authors
Mathias Trabandt، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2011
Pages
23
From page
305
To page
327
Abstract
Laffer curvesfortheUS,theEU-14andindividualEuropeancountriesarecompared,
using aneoclassicalgrowthmodelfeaturing‘‘constantFrischelasticity’’(CFE)prefer-
ences. Newtaxratedataisprovided.TheUScanmaximallyincreasetaxrevenuesby
30% withlabortaxesand6%withcapitaltaxes.Weobtain8%and1%fortheEU-14.
There, 54%ofalabortaxcutand79%ofacapitaltaxcutareself-financing.The
consumptiontaxLaffercurvedoesnotpeak.Endogenousgrowthandhumancapital
accumulationaffecttheresultsquantitatively.Householdheterogeneitymaynotbe
important,whiletransitionmattersgreatly
Journal title
Journal of Monetary Economics
Serial Year
2011
Journal title
Journal of Monetary Economics
Record number
846473
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