This paper extends the portfolio choice model of tax evasion from a static to a dynamic setting. It is shown that while higher tax rates repress tax evasion in the static model, they encourage tax evasion in the dynamic model. We explore a novel implication of this result and show that while growth
Implications of dynamic optimal taxation for the evolution of tax structures
β Scribed by Finn E. Kydland
- Publisher
- Springer US
- Year
- 1983
- Tongue
- English
- Weight
- 257 KB
- Volume
- 41
- Category
- Article
- ISSN
- 0048-5829
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