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Title:
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Ramsey taxation in the global economy
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Author:
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Chari, V. V.; Nicolini, Juan Pablo; Teles, Pedro
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Abstract:
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We study cooperative optimal Ramsey equilibria in the open economy, addressing classic policy
questions: Should restrictions be placed to free trade and capital mobility? Should capital income
be taxed? Should goods be taxed based on origin or destination? What are desirable border
adjustments? How can a Ramsey allocation be implemented with residence-based taxes on
assets? We characterize optimal wedges and analyse alternative policy implementations. |
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Abstract:
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The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396. |
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Subject(s):
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-Capital income tax
-Free trade
-Value-added taxes
-Border adjustment
-Origin- and destination-based taxation
-Production efficiency |
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Rights:
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This is an Open Access article distributed under the terms of the Creative Commons Attribution License Creative Commons Attribution 4.0 International, which permits unrestricted use, distribution and reproduction in any medium provided that the original work is properlyattributed.
https://creativecommons.org/licenses/by/4.0/
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Document type:
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Working Paper |
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Share:
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