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The Effect of the Consumption Tax on Economic Growth and Welfare with Money and Endogenous Fertility
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Kaneko, Akihiko | - |
dc.contributor.author | Matsuzaki, Daisuke | - |
dc.date.accessioned | 2018-12-06T06:03:36Z | - |
dc.date.available | 2018-12-06T06:03:36Z | - |
dc.date.issued | 2018-10 | - |
dc.identifier.citation | Seoul Journal of Economics, Vol.31 No.4, pp. 355-375 | - |
dc.identifier.issn | 1225-0279 | - |
dc.identifier.uri | https://hdl.handle.net/10371/144935 | - |
dc.description.abstract | In this study, we examine the effect of consumption tax on the growth rate and welfare in a model with money and endogenous fertility. First, we show that an increase in consumption tax always reduces the economic growth rate but has an ambiguous effect on welfare. We show a numerical example based on Japanese data and demonstrate the likelihood that increasing the consumption tax decreases welfare. We also compare the effects of consumption tax financing and monetary financing on growth rate and welfare. | - |
dc.language.iso | en | - |
dc.publisher | Institute of Economic Research, Seoul National University | - |
dc.subject | Consumption tax | - |
dc.subject | Endogenous fertility | - |
dc.subject | Endogenous growth | - |
dc.subject | Money-in-the-utility-function model | - |
dc.title | The Effect of the Consumption Tax on Economic Growth and Welfare with Money and Endogenous Fertility | - |
dc.type | SNU Journal | - |
dc.citation.journaltitle | Seoul Journal of Economics | - |
dc.citation.endpage | 375 | - |
dc.citation.number | 4 | - |
dc.citation.pages | 355-375 | - |
dc.citation.startpage | 355 | - |
dc.citation.volume | 31 | - |
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