On the consequences of eliminating capital tax differentials
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11640%2F19%3A00504876" target="_blank" >RIV/00216208:11640/19:00504876 - isvavai.cz</a>
Result on the web
<a href="https://onlinelibrary.wiley.com/doi/pdfdirect/10.1111/caje.12370" target="_blank" >https://onlinelibrary.wiley.com/doi/pdfdirect/10.1111/caje.12370</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1111/caje.12370" target="_blank" >10.1111/caje.12370</a>
Alternative languages
Result language
angličtina
Original language name
On the consequences of eliminating capital tax differentials
Original language description
In the United States, different types of capital are effectively taxed at different rates. In particular, effective tax rates on structures have been higher than those on equipments. Eliminating these differentials has been the subject of policy debates. This paper analyzes the consequences of eliminating capital tax differentials using an incomplete markets model with equipment–skill complementarity. The reform improves productive efficiency by eliminating distortions in capital accumulation. It also increases the degree of equality by reducing the skill premium. The reform increases average welfare by approximately 0.11%.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
<a href="/en/project/GBP402%2F12%2FG097" target="_blank" >GBP402/12/G097: DYME-Dynamic Models in Economics</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Canadian Journal of Economics-Revue Canadienne D Economique
ISSN
0008-4085
e-ISSN
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Volume of the periodical
52
Issue of the periodical within the volume
1
Country of publishing house
CA - CANADA
Number of pages
28
Pages from-to
225-252
UT code for WoS article
000459825000007
EID of the result in the Scopus database
2-s2.0-85060334415