Annals of Economics and Statistics

None Gray

None Grimaud

INTER-SECTORAL KNOWLEDGE DIFFUSION AND SCALE EFFECTS IN SCHUMPETERIAN GROWTH MODELS

施穆克勒增长模型中的跨部门知识扩散与规模效应

None Moura

None Pierrard

BAYESIAN EVALUATION OF DSGE MODELS WITH HOUSING AND COLLATERAL EFFECTS

具有住房和抵押品效应的DSGE模型贝叶斯评估

None Linnemer

CHANGES IN THE EDITORIAL BOARD

编辑委员会变动

None Khieu

None Leon-Gonzalez

THE WEALTH DISTRIBUTION IN A PRECAUTIONARY SAVINGS MODEL WITH CAPITAL INCOME RISK

预防性储蓄模型中资本收入风险下的财富分配

We revisit the canonical policy of eliminating capital taxation by increasing labor taxation in a endogenous-labor, heterogeneous-agent model with income and wealth heterogeneity, when the government is subject to a strict (per-period) balanced-budget constraint.By contrast with its non-budget neutral equivalent -associated with a constant tax rate over time and a permanent increase in the level of public debt -we show that the obtained endogenous path for the labor tax rate is sharply increasing in the initial period and decreasing over time.The policy then generates a deeper recession in the short-run and a greater expansion in the long-run, as well as a smaller decline in wealth inequality associated with a reduced incentive to save for precautionary motives.Overall, the policy still generates significant losses in average welfare.

None Dufourt

None Kerdelhué

None Piétri

BUDGET-NEUTRAL CAPITAL TAX CUTS

预算中性资本税削减

None De Marco

None Caviggioli

UNIVERSITY TECHNOLOGICAL OUTPUT AND INDUSTRIAL SPECIALIZATION IN ITALIAN REGIONS

意大利地区大学技术产出与产业专业化

Publication Information	Publisher: Groupe des ecoles nationales d'economie et statistique，Publishing cycle: ，Journal Type: journal，Open Access Journals: No
Basic data	Year of publication: 2018，Proportion of original research papers: 0.00%，Self Citation Rate:N.A.， Gold OA Rate: 0.00%

Annals of Economics and Statistics

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INTER-SECTORAL KNOWLEDGE DIFFUSION AND SCALE EFFECTS IN SCHUMPETERIAN GROWTH MODELS

BAYESIAN EVALUATION OF DSGE MODELS WITH HOUSING AND COLLATERAL EFFECTS

CHANGES IN THE EDITORIAL BOARD

THE WEALTH DISTRIBUTION IN A PRECAUTIONARY SAVINGS MODEL WITH CAPITAL INCOME RISK

BUDGET-NEUTRAL CAPITAL TAX CUTS

INTER-SECTORAL KNOWLEDGE DIFFUSION AND SCALE EFFECTS IN SCHUMPETERIAN GROWTH MODELS

BAYESIAN EVALUATION OF DSGE MODELS WITH HOUSING AND COLLATERAL EFFECTS

CHANGES IN THE EDITORIAL BOARD

THE WEALTH DISTRIBUTION IN A PRECAUTIONARY SAVINGS MODEL WITH CAPITAL INCOME RISK

UNIVERSITY TECHNOLOGICAL OUTPUT AND INDUSTRIAL SPECIALIZATION IN ITALIAN REGIONS

ISSN	1968-3863, 2115-4430
h-index	6