Growth, income taxes and consumption aspirations

被引:3
|
作者
Marrero, Gustavo A. [1 ]
Novales, Alfonso [2 ]
机构
[1] Univ La Laguna, Tenerife 38071, Canary Islands, Spain
[2] Univ Complutense Madrid, Dept Fundamentos Anal Econ 2, Madrid 28223, Spain
关键词
Consumers' aspirations; Income taxes; Public investment; Growth; ENDOGENOUS GROWTH; PUBLIC-INVESTMENT; ECONOMIC-GROWTH; GROWING ECONOMY; MODEL; WELFARE;
D O I
10.1016/j.econlet.2011.07.021
中图分类号
F [经济];
学科分类号
02 ;
摘要
In a Barro-type economy with exogenous consumption aspirations, raising income taxes favors growth even in the presence of lump-sum taxes. Such a policy is compatible with the behavior of private consumption, income taxes and growth rates observed in actual economies. (C) 2011 Elsevier B.V. All rights reserved.
引用
收藏
页码:221 / 224
页数:4
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