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The Economic Effects of Production Taxes in a Stochastic Growth Model

โœ Scribed by Michael Dotsey


Book ID
125664734
Publisher
American Economic Association
Year
1990
Tongue
English
Weight
381 KB
Volume
80
Category
Article
ISSN
0002-8282

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This paper presents an endogenous growth model comprising of financial, human and physical capital and incorporating major features of a general tax system. Technology and preference parameter values in the model are chosen to fit the actual growth experiences of the United States and a rapidly grow