Long-Run Tax Incidence in a Human Capital-based Endogenous Growth Model with Labor-Market Frictions
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下载链接：
https://www.nber.org/papers/w25783
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资源简介：
In a second-best optimal growth setup with only factor taxes, it is in general optimal to fully replace capital by labor income taxation in the long run. We revisit this important issue by developing a human capital-based endogenous growth model with frictional labor search, allowing each firm to
提供机构：
美国国家经济研究局
创建时间：
2019-04-01
