Article

Title:
Distortionary Taxes and Public Investment When Government Promises Are Not Enforceable
Journal:
Journal of Economic Dynamics and Control
Year:
2009
Volume:
33
Pages:
1662-1681
JEL codes:
E21 - Macroeconomics: Consumption; Saving; Aggregate Physical and Financial Consumer Wealth
E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation
H21 - Efficiency; Optimal Taxation
H54 - Infrastructures; Other Public Investment and Capital Stock
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