A flat tax reform in an economy with occupational choice and financial frictions

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11640%2F12%3A00384720" target="_blank" >RIV/00216208:11640/12:00384720 - isvavai.cz</a>
Alternative codes found
RIV/67985998:_____/12:00384716
Result on the web
<a href="http://dx.doi.org/10.1111/j.1468-0297.2012.02527.x" target="_blank" >http://dx.doi.org/10.1111/j.1468-0297.2012.02527.x</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1111/j.1468-0297.2012.02527.x" target="_blank" >10.1111/j.1468-0297.2012.02527.x</a>

Result language
angličtina
Original language name
A flat tax reform in an economy with occupational choice and financial frictions
Original language description
This article studies a flat tax reform and capital tax reform in an economy with occupational choice and borrowing constraints. Building on previous models with heterogeneous agents and the flat tax reform within the representative firm framework, we introduce entrepreneurs as an occupation. We model endogenous entry and exit of firms whose size, number and production decisions are affected by the tax system. We compare steady state allocations in the benchmark economy with a progressive tax schedule tosteady states with a flat tax at different exemption levels with or without a capital tax reform. We find that for low exemption levels the flat tax reform is efficient as well as welfare improving for both occupations.
Czech name
—
Czech description
—

Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
—

Project
<a href="/en/project/IAA700850602" target="_blank" >IAA700850602: Flat Tax: A General Equilibrium Model</a><br>
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Similar results(10)