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Redistributive Tax and Growth in a Model with Discrete Occupational Choice

✍ Scribed by Debasis Bandyopadhyay; Parantap Basu


Book ID
108521896
Publisher
John Wiley and Sons
Year
2001
Tongue
English
Weight
292 KB
Volume
40
Category
Article
ISSN
0004-900X

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A dynamic portfolio choice model of tax
✍ Wen-Zhung Lin; C.C. Yang πŸ“‚ Article πŸ“… 2001 πŸ› Elsevier Science 🌐 English βš– 126 KB

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