Frenkel, Jacob and Razin, Assaf and Sadka, Efraim (1992): International taxation in an integrated world.
This is the latest version of this item.
Download (334kB) | Preview
The ongoing process of increased integration of national economies, culminating in the single European market of 1992, still leaves as virtually separate the national fiscal systems. In this book international economists Jacob Frenkel and Assaf Razin join forces with public finance economist Efraim-Sadka to provide a new treatment of international taxation, one that focuses on the interactions between fiscal policies of sovereign nations and the magnitude and directions of international capital and goods flow in an integrated world economy. They unfold a lucid and clear analysis of the implications of tax competition, tax harmonization, capital flight, external imbalances, and the terms of trade for the design of efficient national tax systems. The book extends concepts developed in Frenkel and Razin's Fiscal Policies and the World Economy and includes a theory of taxation in an open world economy.
International Taxation in an Integrated World presents the stylized facts and concepts and outlines the main issues of international taxation and the implications for the international movements of goods and capital. It reviews the principles of international taxation and international macroeconomics, analyzes the international transmission of various tax and budget policies, and provides a rigorous analysis of optimal open economy tax policy in an integrated world economy. Special emphasis is placed on the interdependence between direct and indirect taxes and on the international allocation of saving, investment, and production.
|Item Type:||MPRA Paper|
|Original Title:||International taxation in an integrated world|
|English Title:||International taxation in an integrated world|
|Keywords:||residence vs source principles|
|Subjects:||F - International Economics > F0 - General|
|Depositing User:||assaf razin|
|Date Deposited:||13. Jun 2010 15:51|
|Last Modified:||11. Feb 2013 17:02|
Aschauer, David A., and Jeremy Greenwood (1985). "Macroeconomic Effects of Fiscal Policy," in Karl Brunner and Alan H. Meltzer (eds.), The New Monetary Ecouromics, Fiscal Issues and Unemployment, Canegie-Rochester Conference Series on Public Policy, Vol. 23 (Amsterdam: North-Holland), pp. 91-138.
Atkinson, Anthony B. (1977), "Optimal Taxation and the Direck versus Indirect Tax Con~roversy,"Canadian lournla/ of Economics 10, 590-606.
Atkinson, Anthony B., and Nicholas H. Stern (1974). "Pigou, Taxation and Public Goods," Review of Eco~lomicSfudies 41, 119-128.
Atkinson, Anthony B., and Joseph E. Skiglitz (1976). "The Design of Tax Sitructure: Direct versus Indirect Taxation,'" ]ournalof Public Economics 6, 55-75.
Auerbach, Alan J., Jacob A. Frenkel, and Assaf Razin (1989)."Notes on International Aspects of Taxation," International Monetary Fund.
Auerbach, Alan J., and Lawrence J. Kotlikoff (1983). "National Savings, Economic Welfare, and the Structure of Taxation," in Martin Feldstein (ed.), Behavioral Simu-lation Mefhods ln Tax Policy Analysis (Chicago: University of Chicago Press).
Auerbach, Alan J., and Lawrence J. Kotlikoff (1987). Dynamic Fiscal Policy (New 'fork: Cambridge University Press).
Aulf, Hugh I., and David F. Bradford (1990). "Taxing Internakional Income: An Analysis of the U.S. System and its Economic Premises," in Assaf Razin and Joel ~lernrod (eds.), Taxation in )he Global Economy (Chicago: University of Chicago Press).
Balcer, Yves, and Efraim Sadka (1982). "'horizondal Equity, Income Taxakion and Self-Selection with an Application to Income Tax Credits," Journal of Public Eco-nomics 19, 291-309.
Barro, Robert J. (1974). "Are Government Bonds Net Wealth", Journal of political Economy 82 (NovernberlDecember), 1995-1 117.
Barro, Robert 1. (1979). "On the Determination of the Public Debt," Journal of political Economy 87, no. 5, pt. I (October),940-971.
Bernard, Jean-Thomas, and Robert j. Weiner (1990)- "Multinational Corporations, Transfer Prices, and Taxes: Evidence from the U.S. Petroleum Industry," in Assad Razin and Joel Slemrod (eds.), Taxation in the Global Economy (Chicago: University of Chicago Press.
Berglas, Eitan (1974)."Devaluation, Monetary Policy, and Border Tax Adjustment," The Canadian Journal of Economics 7, no. 1,3-11.
Bird, Richard M., and Charles E. McLure Jr. (1989)."The Personal lncome Tax in an Inkerdependent World,'' Paper presented at International Seminar in Public Economics (ISPE), Erasmus University, Rotterdam (January).
Blanchard, Olivier J. (asss).'Debt, Deficits, and Finite Horizons," Journal of Political Economy 93 (April),223-247.
Blejer, Mario, and Adrienne rheasty (1991). "Analytical and Methodological Issues in the Measurement of Fiscal Deficits," journal of Economic Lilernttrre, forthcoming.
Boskin, Michael J. (1978). Federal T@x Reform: Myihs and Realities, Institute for Contemporary Studies.
Bourguignon, F., and P. A. Chiappori (1989). "Exploring the Distribution and Incentive Effects of Tax Harmonization," mimeo, Delta, Paris, November.
Bovenberg, A. Lans (1986), "Capital Income Taxation in Growing Open Econo- mies," ]ournal of Public Economics 31, no. 3, 347-376.
bovenberg, A. Lans (1989). "The Effects of Capital Income Taxation an Interma- tional Competitiveness and Trade Flows," American Economic Review 79, CSep.) no, 5,1045-1064.
Bovenberg, A. Lans, Krister Andersson, Kenji Aramaki, and Sheetland K. Chand (1990). "'Tax Incentives and International Capital F10ws: The Case of the United Stakes and Japan," in Assaf Razin and Joel Slemrod (eds.), Taxation in the Global Economy (Chicago: University af Chicago Press).
Bradford, David F. (1984).BEuePr-intsfor Basic Tax Reform, 26 ed., rev. (Arlington, Va.: Tax Analysts).
Bradford, David F. (1986).Untangling Ihe lncome Tax (Cambridge: Harvard Uni- versity Press).
Brock, William A., and Stephen J. Turnovsky (1981). "The Analysis of Macro- economic Policies in Perfect Foresight Equilibrium," International Economic Review 22, 179-209.
Bryant Richard C,, Dale W. Henderson, George Holtharn, Peter Wooper, and Steve A. Symansky (1988). Empirical Macr~economics for Interdependent Economies (Wash-ington, D.C.: The Brookings Institution).
Buiter, Willem H. (1981). "Time Preference and International Lending and Borrow- ing in an Overlapping Generations Model," Journal of Political Economy 89, no, 4, 769-797.
Buiter, Willerm H, (1986). "Structural and Stabilization Aspects of Fiscal and Financial Policies in the Dependent Economy," P. I, Washington, World Bank, Macro- economics Division, DRD (August), unpubPished manuscript.
Buiter, Willem H. (1987). "Fiscal Policy in Open, Interdependent Economies," in Assaf Razin and Efraim Sadka (eds.),Economic Policy in Theory and Praclice (London: Macrnillan), pp. 101-144.
Buiter, Willem H., and Ken M. Uetser (1990). "The Welfare Economics of Coopera-tive and Noncooperative Fiscal Policy," Journal of Economic Dynamics and Coontrol 14 (Aug.), no. 4, 632-645.
Calvo, Guillermo A,(1978). "On the Time Consistency of Optimal Policy in a Monetary Economy," Econometrica 46, 6 (Now.), 1411-1428.
Calvo, Guillermo A,, and Maurice Obstfeld (1988). "Optimal Time-Consistent Fiscal Policy with Finite Lifetimes," Econometrica 56, 411-492.
Cnossen, Sijbren (1988)- "Mare Tax Competition in the European Community," paper presented at 44th Congress of the International Institute of Public Finance, Istanbul (August).
Cnossen, Sijbren, and Cad S. Shoup (1987)."'Coordination of Value-Added Taxes" in Cnossen Sijbren (ed.),Coordinakien in the European Community (Antwerp: Kluwer Law and Taxation Publishers). Cumby, Robert, and Richard Cevich (1987). "On the Definition and Magnitude of Recent Capital Flight," in Donald R. Lassard and John Williamson (edls.), Capitalal ~Ei~ht and Third World Debk (Washingt-on.D.C.:Institute Eor International Economic).
Deveraux, M., and ha.Pearson (1990). "Harmonizing Corporate Taxes in Europe," Fiscal Studies 1I, 21-35.
diamond, Peter A. (1965). "National Debt in a Neo-Classical Growkh Model," American Economic Review 55, 1126-1150.
diamond,Peter A. (1970). "Incidence of an Interest Income Tax," Journal of Economic theory 2,211-224.
diamond, Peter A. (1975). "A Many-Person Ramsey Tax Rule," Journal of Public Economics 4,335-342.
diamond, Peter A-, and James Mitrlees (1971). "Optimal Taxation and Public production,"American Economic Review (March and June), 8-37 and 261-278.
Delors Report (1989). "Report om Economic and Monetary Union in the European Community," Committee for the Study of Economic and Monetary Union (April).
Dixit, Avinash (1985). 'Tax Policy in Open Economies," in Alan Auerbach and Martin Feldstein (eds.1, handbook on Public Economies, Chap. 6, 3 14-374, (Amsterdam -skerdam: Norkh-Holland). Selected References
Dooley, Michael P. (1989)."Comment on khe Definition and Magnitude of Recent Capital Flight, by Cumby, Robert, and Richard Levich," in Donald R. Eassard and John Williamson (eds.), Capikal Flight and the Third WurM Deb! (Washington, D.C.: Institute for International Economics).
Dooley, Michael P. (1988)."Capital Flight, a Response to Differences in Financial Risks," I~kenra~ioncal Monetary Fund Siaf Papers 35,no. 3 (September), 422-436.
Dooley, Michael P. (19910)."Comment," in Assaf Razin and Joel Slernrod (eds.), Taxatio;~in the Global Economy (Chicago: University of Chicago Press).
Dornbusch, Rudiger (1985)."Intergenerational and International Trade," ]uurnal of International Economy 18 (February), 123-139.
Duttan, John (1982)."The Optimal Taxation of International Investment Income: A Comment," QtrarterIy Journal of Economics 46, 373-380.
Emerson, Michael, Michel Aujean, Michel Cafinat, Fhilippe Goybet, and Alexis Jacquemin (1988). "Fiscal Barrier," European Economy (March), 45-109.
Fair, Ray C. (1979)."On Modelling the Economic Linkages among Countries," in Rudiger Dornbusch and Jacob A. Frenkel (eds.), I~Fnfernaliofzal Economic Policy: Theory and Evide~ce(Baltimore: Johns Hophns University Press).
Feldstein, Martin S. (1974a). "TaxIncidence in a Growing Economy with Variable Factor Supply," Qtmrterly Journal of Economics 88 (November), 551-573.
Feldstein, Martin S. (1974b). "Incidence of a Capital Income Tax In a Growing Economy with Variable Savings Rates," Review of Economic Stcrdies 41 (October), 16-33.
Feldstein, Martin S., and David Hartman (1979)."'The Optimal Taxation of Foreign-Source Investment Income," Quarterly jlo~rnalof Economics 93 (August), 613-624.
Fischer, Stanley (1980). "Dynamic Inconsistency, Cooperation and the Benevolent Dissembling Government," ]ournal of Economic Dynamics and Control 2, 1 (Feb.), 93-107.
Fisher, Irving (1939)."The Double Taxation of Savings," American Economic Review 29 (March), 16-33.
Frenkel, Jacob A., and Assaf Razin (1985a). 'Fiscal Expenditures and International Economic Interdependence," in Willem H.Buiter and Richard C. Marston (eds.), International Economic Policy Coordinafion (Cambridge: Cambridge University Press).
Frenkel, Jacob A., and Assaf Razin (1885b). "Government Spending, Debt and International Economic Interdependence," Econoomic Journal 94 (September), 619-636,
Frenkel, Jacob A., and Assaf Razin (1986a). "The International Transmission and Effects of Fiscal Policies," American Economic Review 76 (May), 330-335.
Frenkel, Jacob A., and Assah Razin (1986b)."Fiscal Policies in the World EconomyJ" Journal of Political Economy 94, pk. I (June),564-594.
Frenkel, Jacob A., and Assaf Razin (1986~). "Real Exchange Rates, lnterest Rates and Fiscal Policies, "'The Ecenormic Studies Quarterly 37 (June), 99-113.
Frenkel, Jacob A., and Assaf Razin (1987). Fiscal Policies in the World Economy; An Infertemporal Approach (Cambridge, Mass.: MIT Press).
Frenkel, Jacob A,, and Assaf Raain (1988a). "International Effects of Budget Deficits," International Monetary Fund Staff Papers 35 (June), 297-3 15.
Frenkel, Jacob A., and Assaf Razin (1988b). Spending, Taxes and Deficifs: htemational- Inlntertemporal Approach, Princeton Studies in International Finance, no. 63 (Princeton, N.J.: International Finance Section).
Frenkel, Jacob A., and Assaf Razin (1989)."'lnternational Effects of Tax Reforms," Economic Journal 98 (March), 38-58.
renkel, Jacob A., Assaf Razin, and Steve Symansky (1990a). 'Tlnternational Spill- overs of Taxation," in Assaf Razin and Joel Slemrod (eds.), Taxation in the Global Economy (Chicago: University of Chicago Press), pg. 211-254.
Frenkel, Jacob A., Assaf Razin, and Steve Symansky (19901b)."Simulations of innternationa VAT Harmonization," in Horst Siebert (ed.),Reforming Capital Incomeze Taxation (Tiibingen: J. Mohr Publishing).
Frenkl, Jacob A., Assaf Razin, and Steve Symansky (1991)."The international Effects of VAT harmonization," International Monetary Fund, Sfaff Papers, forthcoming,
Giovannini, Alberto (1989). "'National Tax Systems vs. The European Capital Market," Eco~ornic Policy 9 (October),345-386.
Giovannini, Alberto (1990a). "Reforming Capital Incame Taxation in the Open Economy: Theoretical Issues," in Horst Siebert (ed.), Reforming Capifal Income Taxation (Tiibingen:J. Mohr Publishing).
Giovannini, Alberto, and James R. Hines (1990b). "Capifal Flight and Tax Competi-tion: Are There Viable Solutions to Bolh Problems?" in Alberto Giovannini and Colin Mayer (eds.), European Financial InkegraPion (Cambridge: Cambridge Uni- versity Press).
Gordon, Roger H. (1986). "Taxation of Investment and Savings in a World Economy," American Economic Review 76, 1087-1102.
Gordon, Roger H., and James Levinsohn (1990)."The Linkage Between Domestic Taxes and Border Taxes," in Assaf RazEn and Joel Slemrod (eds.), Taxation in the Global Economy (Chicago: University of Chicago Press).
Goulder, Larry H., and Barry Eichengreen (1988)."Savings Prornokion, Investment Promotion and IntemaEional Competitiveness," in Robert Feenstra (ed.), hdg Policies for lnternational competitiveness (Chicago: University of Chicago Press).
Greenwood, Jeremy, and Kent P. Kimbrough (1985)."Capital Controls and Fiscal Policy in the World Economy," Canadian Jouma2 of Economics 18 (November), 743-765.
Grubert, Harry, and John Mutti (1987a). "Taxes, International Capital Flows and Trade: The International Implications of the Tax Reform Act of 1986," National Tax ]ournar' 15, no. 3 (September), 315-330.
Grubert, Harry, and John Mutiti (1987b). "The Impact of the Tax Reform Act of 1986 on Trade and Capital Flows," in Compendiumof Tar Research f 987, Ofice of Tax Analysis, Department of the Treasury, Washington, D.C, Hall, Robert E.(1978). "Stochastic Implications of the Life Cycle-Pemanent Income Hypothesis: Theory and Evidence," Jo~rnalof Poli#ical Economy 86 (December), 971-987.
Hall, Robert E,, and Alvin Rabushka (1983).Low Tax, Simple Tax, Flat Tax (New York: McGraw-Hill). Harnada, Koichi (1984). "Strategic Aspects of International Fiscal Interdependence" (Tokyo:Tokyo University) Unpublished manuscript.
Hamilton, Robert, and John Whalley (19816).Border Tax Adjustmen1 in U.S. Trade," ]ourna/ of Internafional economics 20 (bug,)377-383,
Hayashi, Fumio (1982). "Tobin's Marginal q and Average q: A Neo-Classical Interpretation," Econometrica 50, 213-224.
Hayashi, Fumio (1985).'Torporate Finance Side of the Q Theory of Investment," Journal of Public Economics 27 (August), 261-280.
Hines, James R., Jr., and R. Glenn Hubbard (1990). "Coming I-kome to America: Dividend Repatriations by U.S. Multinationals," in AssaC Razin and Joel Sllernrod (eds.), Tmhion in the Global Economy (Chicago: University of Chicago Press).
Horst, Thomas (1980). "A Noke on 'the Optimal Taxation of Hnternational Invesk- ment Incame," Qorarterr'yJournal of Economics 44, 793-798.
Johnson, Harry G. (1956). "The Transfer Problem and Exchange Stability," Journal of political Economy 59 (June),212-225.
Judd, Kenneth L. (1987a). "A Dynamic Theory of Factor Taxation," American Economic Review, Papers and Proceedings 77,no. 2 (May), 42-48.
Judd, Kenneth L. (1987b). "The Welfare Cost of Fackor Taxation in a Perfect- Foresight Model," Journal of Political Economy 95, no. 4, 675-709.
Jun, Soosung (1990). "U.S. Tax Policy and Direct lnvestmcnt Abroad," in Assaf Razin and Joel Selrnrod (eds.),Taxation in /he Global Economy (Chicago: University of Chicago Press).
Keynes, John M. (1929). "The German Transfer Problem," Economic journal 39 (March), 2-7.
King, Mervyn A. (1983). "The Economies of Saving," NBER Working Paper 1247 (December), Cambridge, Mass.
King, Mervyn A. (1987). "Prospects for Tax Reform in 1988," Discussion Paper No. 0010, LSE Financial Markets Group Discussion Paper Series, London.
King, Mervyn A., and Don Fullerton (1984). The Tamlion of Income From Capital (Chicago: University of Chicago Press).
Kotlikoff, Lawrence J. (1989). Whak Defermines Savings7 (Cambridge, Mass.: MIT Press).
Krugman, Paul and Feldstein Martin (1990). "International Trade Efiecks of Value Added Taxation," in Assaf Raain and Joel Slermrod (eds.), Taxation in the Global Economy (Chicago: The University of Chicago Press), pp. 270-282.
Lerner, Abba, P. (1936). "The Symmetry Between Impart and Export Taxes," Economica 3 (August),304-313.
Lucas, Robert E., Jr. (1967). "Adjustment Costs and the Theory of Supply," ]ournal of Polilical Economy 75 (August), 321-334.
Lucas, Robert E., Jr., (1990). "Supply Side Economics: An Analytical Review," Oxford Economics Papers 42, 293-3 16.
Lucas, Robert E., Jr., and Nancy L. Stokey (1983). "Optimal Fiscal and Monetary Policy in an Economy without Capital,"Journal of monetary Economics 12 (July), 55-93.
Meade, James E. (1951). fie Theory of Infernational Economic Policy: The Balance of Payrnlenk, Vol. 1 (London: Oxford University Press).
Mendoza, Enrique (1990)."Capital Controls and the Dynamic Gains From Trade in a Business Cycle Model of a Small Open Economy," IMF Working Paper WP/99/109.
Metzler, Lloyd A. (1942).'The Transfer Problem Reconsidered," Journal of Political Economy 50 (June), 397-414.
Micossi, Stefano (1988). "The Single European Market: Finmce,'~$wcraNazionrrL del Luvoro QtrarlerSy Review,no.165 (June), 217-235.
Mirrlees, James A. (1972). "On Producer Taxation," Review of Economic Skdies 39, no. 117, 105-112.
Mundell, Robert A. (1960). "The Pure Theory of International Trade," Amarican Economic Review 50, 67- 110.
Musgrave, Peggy (1987). "International Tax Compekition and Gains From Tax Hamanization," NNBER Working Paper No. 3152 (October), Cambridge, Mass.
McLure, Charles E. (1986). "Tax Competition: Is Whak's Caad for the Private Goose also Good for the Public Grander?" National Tax Journal 39 (September), 341-548.
McLure, Charles E. (1988)."U.S. Tax Laws and Capital Flight from Latin America," NBER Workking Paper No. 2687 (August), Cambridge, Mass.
McLure, Charles E. (1989). 'IEcoruomic Integration and European Taxation af Cor-porate Income at Source: Some Lessons from the U.S. Experience,'' Ectropean Taxa-lion 29, 243-259.
Office for Economic Cooperation and Development (B987a). Quarterly National Acca~nts,no. 2 (diskettes).
Office for Economic Cooperation and Development (198 7b). Revenue Statislics: 1945-1968 (tapes).
Ohlin, Bertil (1929)."The Reparation Problem: A Discussion," Economic Journal 39 (June),172-178.
Pechman, Joseph A. (ed.) (1987). Cornparalive Tax Systems: Europe, Canada and Japan(Arli~llgton,Va.: Tax Analysts).
Perraudin, William R. M., and Thierry A. Pujjol(1990). "European Fiscal Harmoniza- tion and the French Economy" (April), Hntebnationaa Monetary Fund.
Persson, Torsten (2985). "Deficits and Intergenerational Welfare in Open Economies," journal of international economics 19 (August), 67-84.
Persson, Torsten, and Lars E. 0.Svensson (1984). "lnkernational Borrowing and Time-Consistent Fiscal Policy," Seminar Paper No. 283 (Stocholm: University af Stockholm, Instiflate ef International Economic Studies).
Razin, Assaf, and Efraim Sadka (1990). '"Integration of the International Capital Markets: The Size of Government and Tax Coordination," in Assaf Razin, and Joel Slemrod (eds.), Taxation in the Global Economy (Chicago: University of Chicago Press), pg. 33 1-348.
Razin, Assaf, and Efraim Sadka (1991). "Optimal Incentives to Domestic Investment in the Presence of Capital Flight," Journal of International economics
Razin, Assaf, and Efraim Sadka (1989b). "International Tax Competition and Gains from Tax Harmonization, Foerder Institute, Working Paper No. 37-89 (Tel Aviu: Tel Aviv University), Economics Letckers 1990-91.
Razin, Assaf, and Lars E. 0.Svensson (3983a). 'The Current Account and the Optimal Government Debt," Journal of Infernational Money and Finance 2 (August), 215-224.
Razin, Assafr and Lars E. 0.Svensson (1983b). 'Trade Taxes and the Current Accaunt," Economic Letters 13, no. 1,55-58.
Rueff, Jacques (1929)."Mr. Keynes' Views on the Transfer Problem: A Criticism," Economic Journal 39 (September), 388-399.
Sachs, Jeffrey D. (1981). "The Current Account and Macroeconomic Adjustment. in the 1970~~" Brookings Papers on Economic Activity 1,201-248.
Sachs, Jeffrey D., and Nuriel Roubini (1987)."Sources of Macroeconomic imbalances in the World Economy: A Simulation Approach," NBER Working Paper No. 2339 (Augusk), Cambridge, Mass.
Sadka, Efraim (1977). "A Note on Producer Taxation and Public Production," Review of Economic Studies 44, no. 2 (June), 385-387.
Samuelson, Paul A. (1952)."The Transfer Problem and Transport Cost: The Terms of Trade When Impediments are Absent," Economic Journal 62 (June),278-304.
Samuelson, Paul A. (9958). "An Exact Consumption-Loan Model of Interest with or wikhout the Social Contrivance of Money," Journal of Political Economy 66 (December), 467-482.
Siebert, Horst (1989). "The Harmonization Issue in Europe: Prior Agreement or a Competitive Process?", Kiel Enstihuke of World Economics Working Paper No. 377, June.
Seidman, Lawrence S. (1984). "Conversion to a Consumption Tax: The Transition in a Life-Cycle Growth Model," Journal of Political Economy 92, no. 2, 247-267.
Sinn, Hans-Werner (1990a). "Tax Harmonization and Tax Competition in Europe," NBER Working Paper No. 3248 (January), Cambridge, Mass.
Sinn, Hans-Werner (1990b). "Can Direct and Indireck Taxes be Added for Intema- tional Comparisons of Cornpetitivenessl", NBER Working Paper No. 3263 (Feb.), Cambridge, Mass.
Slemrod, Joel (1988). "Effects of Taxation with International Capital Mobility," in Henry Aaron, PI. Galper, and Joseph A. Pechman (eds.), Uneasy Compromise: Problems of a Hybrid Income-ConsumpPion Tax (Washington, D.C.: The Brookings Pnstitution),pp. 115-148.
Slernrod, Joel (1990). 'Tax Effects on Foreign Direct Investment in the United States: Evidence from a Csoss-Country Camparison," in Assaf Razin and Joel Slemrod (eds,), Taxation in the Global Economy (Chicago: University of Chicago Press).
Stiglitz, Joseph E. (1982). 'Vtilitarianism and Horizontal Equity: The Case for Random Taxation," Journal of Public Economics 18, 1-33.
Stiglitz, Joseph E. (1983)."On the Relevance or Irrelevance of Public Financial Policy: Indexation, Price Rigidities, and Optimal Monetary $alicy,'Yn Rudiges Dornbusch and Mario H.Sirnonsen (eds.), laflation, Debf,and hdexafion (Cambridge, Mass.: MPT Press).
Summers, Lawrence H. (1981a)."Taxation and Corporate Investment: A Q-Theory Approach,' Brookings Pagers on Economic Aclivity 1,69-127.
Summers, Lawrence H. (198lb). "Capital Taxation and Accumulation in a Life-Cycle Growth Model," American Economic Review 71 (September), 533-544. S ummers, Lawrence H., and Chris Carroll (1989). "Why is U.S. National Saving so Low?", Brookings Papers on Economic Activity 2, 609-642.
Svensson, Lars, E., and Assaf Razin (1983)."The Terms of Trade and the Cuwenk Account: The Harberger Laursen-Metalerr Effect," Journal of Political Economy 91, no. I (February), 97-125.
Tanzi, Vito (1987a). "Income Taxes, Interest Rate Parity, arid the Allocation of International Savings in Industrial Countries," Working Paper 87/53, International Monetary Fund (August).
Tanzi, Vito (1987b). "Tax Refom in Industrial Countries and the Impact of the US. Tax Reform Act of 1986," HMF Working Paper Series No. 67/61 (September).
Tait, Alan A. (1988). Valtae Mded Tax: Internnfional Pracfice and Problems (Wash-ington, D.C.: International Monetary Fund).
Tait, Alan A. (1987)."The Response of Other Industrial Countries to the U.S. Tax Refom Act," NafionaJ TaxJocamal4, no. 3 (September), 339-355,
Tait, Alan A. (1988). "Capital Mobility and khe Need for Tax coordination hong Industrial Countries," mimeo, International Monetary Fund, unpublished.
Tait, Alan A., and Lans A. Bovenberg (1990). "Is There a Need for Hamortizing Capital Income Taxes Within EC Countries?", International Monetary Fund, Fiscal affairs Department, rnimeo Uanasary).
Tobin, James (1969). "A General Equilibrium Approach to Monetary Theory," Journal of Money, Credit and Baraking 1, 15-29.
Treadway, Arthur B. (1969). "On Rational Entrepreneurial Behavior and the Demand for Hnvestment," Review of Economic Studies 36, 227-239.
Twentieth Century Fund (1989).The Free Trade Debafe, Reports of the Task Force on the Future of American Trade Policy (New York: Priority Press Publication).
Van Wijnbergen, Sweder (1986), "On Fiscal Deficits, the Real Exchange Rake and the World Rate of Inberest," European Economic Review 30 (October), 1013-1023.
Weil, Bhilippe (1985). "Overlapping Families of Infinitely Lived Agents," (Cambridge, Mass.: Harvard Univ.), unpublished manuscript, May.
Yaari, Menahem E. (1965). "Uncertain Lifetime, Life Insurance, and the Theory of the Consumer," Review of Economic Skudies 32 (April), 137-150,
Available Versions of this Item
International taxation in an integrated world. (deposited UNSPECIFIED)
- International taxation in an integrated world. (deposited 13. Jun 2010 15:51) [Currently Displayed]