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題名:Income-Cum-Consumption Tax Schedules as Stabilization Policy
書刊名:經濟論文叢刊
作者:劉嘉瀅 引用關係吳啟新 引用關係
作者(外文):Liu, Chia-yingWu, Chi-hsin
出版日期:2015
卷期:43:2
頁次:頁243-268
主題關鍵詞:局部不確定性所得稅與消費稅組合稅制移轉穩定政策Income tax-cum-consumption tax schedulesTax shiftingStabilizationLocal indeterminacySunspot fluctuations
原始連結:連回原系統網址new window
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  • 被引用次數被引用次數:期刊(0) 博士論文(0) 專書(0) 專書論文(0)
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  • 點閱點閱:19
生產外部性的存在將產生信念自我實現的景氣波動,而這個現象賦予穩定政策一個討論的空間。在一個傳統的Benhabib-Farmer-Guo單部門模型,累進稅被視為一項自動安定機制,可以消除景氣循環的波動;然而,在一個實質景氣循環的兩部門模型底下,反而是累退稅才能使經濟體系達到安定。本文試圖提供另一項政策-所得稅與消費稅組合-以穩定自我信念驅動所造成的景氣波動。透過數值分析,我們顯示政府可以透過降低所得稅並提高消費稅的方式穩定經濟體系。這樣的結論不僅適用於兩部門具有部門特定外部性的情況,且在存在總合外部性的單部門模型也依然適用。
Productivity externalities create room for Keynesian-type stabilization to insulate the economy from belief-driven fluctuations. Conventional wisdomindicates that in a Benhabib-Farmer-Guo one-sector model, a progressive tax schedule operates like an automatic stabilizer that mitigates business cycle fluctuations, but in an indeterminate two-sector real business cycle model a regressive, rather than a progressive, tax policy stabilizes the economy against sunspot-driven fluctuations. This paper proposes an alternative policy - an income tax-cum-consumption tax schedule-to stabilize the economy against sunspot fluctuations. We show numerically that the government can suppress belief-driven fluctuations by implementing a tax switch decreasing the income tax and increasing the consumption tax. This result is robust not only in a two-sector model with sector-specific externalities, but also in a one-sector model with aggregate productivity externalities.
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研究報告
1.Xue, Jianpo、Yip, Chong Kee(2013)。Balanced-Budget Rules and Aggregate Instability: The Role of Consumption Taxes in a Monetary Economy。Hong Kong Institute for Monetary Research。  new window
圖書
1.OECD(2004)。OECD Tax Policy Studies: No. 09 - Recent Tax Policy Trends and Reforms in OECD Countries。  new window
單篇論文
1.Harrison, Sharon G.(1997)。Evidence on the Empirical Plausibility of Externalities and Indeterminacy in a Two Sector Model,Barnard College, Columbia University。  new window
 
 
 
 
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