Openness, income-tax progressivity, and inflation

This paper considers a model of an open economy in which the degree of income-tax progressivity influences the interaction among openness, central bank independence, and the inflation rate. Our model suggests that an increase in the progressivity of the tax system induces a smaller response in real...

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Veröffentlicht in:	Journal of macroeconomics 2009-09, Vol.31 (3), p.485-491
Hauptverfasser:	Daniels, Joseph P., VanHoose, David D.
Format:	Artikel
Sprache:	eng
Schlagworte:	Central banks Economic models Income tax Income taxes Inflation Openness Openness Inflation Tax progressivity Progressive taxation Studies Tax progressivity Tax systems Transparency
Online-Zugang:	Volltext
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