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Macroeconomic Effects of Tax Reform in the United States

Evans, Owen - ; Kenward, Lloyd - ;

The provisions of the U. S. Tax Reform Act of 1986 (TRA) have potential effects on labor supply, household consumption and saving, and business fixed investment. The literature on the possible effects of tax reform is surveyed, and a model of U. S. business fixed investment is developed and estimated. The major explanatory influences are real gross national product and the cost of capital, with the latter related to interest rates, inflation, and tax variables. The model is used to provide estimates of the possible effects on business fixed investment of the taxation changes introduced with the TRA.


Ketersediaan

Call NumberLocationAvailable
SP3501PSB lt.dasar - Pascasarjana1
PenerbitWashington, D.C.: International monetary fund 1988
EdisiVol. 35, No. 1, Mar., 1988
SubjekTaxation
Labor supply
Household consumption
Tax reform
Uniterd States
Tax Reform Act of 1986
TRA
Business fixed investment
ISBN/ISSN0020-8027
KlasifikasiNONE
Deskripsi Fisik25 p.
Info Detail SpesifikStaff Papers (International Monetary Fund)
Other Version/RelatedTidak tersedia versi lain
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  • Macroeconomic Effects of Tax Reform in the United States

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