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Taxation in dynamic economies : some problems and methods (Английский)

The paper surveys recent work on tax reforms in dynamic economies where the level of capital and the factor prices are endogenous. The presentation emphasizes methodological issues. The framework for the evaluation of tax reforms is described, and the main results of the literature are presented for three types of capital accumulation: the neoclassical model with an ad hoc savings rate, the life-cycle model of overlapping generations, and the model...
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