Dynamic scoring: a back-of-the-envelope guide
"This paper uses the neoclassical growth model to examine the extent to which a tax cut pays for itself through higher economic growth. The model yields simple expressions for the steady-state feedback effect of a tax cut. The feedback is surprisingly large: for standard parameter values, half...
Gespeichert in:
Hauptverfasser: | , |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2004
|
Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
11000 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | "This paper uses the neoclassical growth model to examine the extent to which a tax cut pays for itself through higher economic growth. The model yields simple expressions for the steady-state feedback effect of a tax cut. The feedback is surprisingly large: for standard parameter values, half of a capital tax cut is self-financing. The paper considers various generalizations of the basic model, including elastic labor supply departures from infinite horizons, and non-neoclassical production settings. It also examines how the steady-state results are modified when one considers the transition path to the steady state"--National Bureau of Economic Research web site. |
Beschreibung: | 25 S. graph. Darst. |
Internformat
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520 | 3 | |a "This paper uses the neoclassical growth model to examine the extent to which a tax cut pays for itself through higher economic growth. The model yields simple expressions for the steady-state feedback effect of a tax cut. The feedback is surprisingly large: for standard parameter values, half of a capital tax cut is self-financing. The paper considers various generalizations of the basic model, including elastic labor supply departures from infinite horizons, and non-neoclassical production settings. It also examines how the steady-state results are modified when one considers the transition path to the steady state"--National Bureau of Economic Research web site. | |
650 | 4 | |a Steuer | |
650 | 4 | |a Ökonometrisches Modell | |
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Datensatz im Suchindex
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any_adam_object | |
author | Mankiw, Nicholas Gregory 1958- Weinzierl, Matthew |
author_GND | (DE-588)120973626 |
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callnumber-search | HB1 |
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classification_rvk | QB 910 |
ctrlnum | (OCoLC)57409002 (DE-599)BVBBV019883969 |
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id | DE-604.BV019883969 |
illustrated | Illustrated |
indexdate | 2024-07-09T20:08:21Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-013208068 |
oclc_num | 57409002 |
open_access_boolean | 1 |
owner | DE-703 DE-521 DE-19 DE-BY-UBM |
owner_facet | DE-703 DE-521 DE-19 DE-BY-UBM |
physical | 25 S. graph. Darst. |
publishDate | 2004 |
publishDateSearch | 2004 |
publishDateSort | 2004 |
publisher | National Bureau of Economic Research |
record_format | marc |
series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
spelling | Mankiw, Nicholas Gregory 1958- Verfasser (DE-588)120973626 aut Dynamic scoring a back-of-the-envelope guide N. Gregory Mankiw ; Matthew Weinzierl Cambridge, Mass. National Bureau of Economic Research 2004 25 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11000 "This paper uses the neoclassical growth model to examine the extent to which a tax cut pays for itself through higher economic growth. The model yields simple expressions for the steady-state feedback effect of a tax cut. The feedback is surprisingly large: for standard parameter values, half of a capital tax cut is self-financing. The paper considers various generalizations of the basic model, including elastic labor supply departures from infinite horizons, and non-neoclassical production settings. It also examines how the steady-state results are modified when one considers the transition path to the steady state"--National Bureau of Economic Research web site. Steuer Ökonometrisches Modell Taxation Econometric models Weinzierl, Matthew Verfasser aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11000 (DE-604)BV002801238 11000 http://papers.nber.org/papers/w11000.pdf kostenfrei Volltext |
spellingShingle | Mankiw, Nicholas Gregory 1958- Weinzierl, Matthew Dynamic scoring a back-of-the-envelope guide National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Steuer Ökonometrisches Modell Taxation Econometric models |
title | Dynamic scoring a back-of-the-envelope guide |
title_auth | Dynamic scoring a back-of-the-envelope guide |
title_exact_search | Dynamic scoring a back-of-the-envelope guide |
title_full | Dynamic scoring a back-of-the-envelope guide N. Gregory Mankiw ; Matthew Weinzierl |
title_fullStr | Dynamic scoring a back-of-the-envelope guide N. Gregory Mankiw ; Matthew Weinzierl |
title_full_unstemmed | Dynamic scoring a back-of-the-envelope guide N. Gregory Mankiw ; Matthew Weinzierl |
title_short | Dynamic scoring |
title_sort | dynamic scoring a back of the envelope guide |
title_sub | a back-of-the-envelope guide |
topic | Steuer Ökonometrisches Modell Taxation Econometric models |
topic_facet | Steuer Ökonometrisches Modell Taxation Econometric models |
url | http://papers.nber.org/papers/w11000.pdf |
volume_link | (DE-604)BV002801238 |
work_keys_str_mv | AT mankiwnicholasgregory dynamicscoringabackoftheenvelopeguide AT weinzierlmatthew dynamicscoringabackoftheenvelopeguide |