| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5062475 | Economics Letters | 2007 | 7 Pages |
Abstract
This paper considers a stochastic small open economy with a financial asymmetry between the households and the government. In this setting, it is optimal not to tax capital income beyond the initial period. This is in contrast to the existing results for stochastic closed economies.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Constantine Angyridis,