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Article: Yet another long-run neutrality result: Absence of tax-induced growth effects under implicit intergenerational contracts

TitleYet another long-run neutrality result: Absence of tax-induced growth effects under implicit intergenerational contracts
Authors
KeywordsIncome tax
Intergenerational contracts
Neutrality
Issue Date2007
PublisherElsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/ecolet
Citation
Economics Letters, 2007, v. 95 n. 1, p. 25-31 How to Cite?
AbstractWe provide an example whereby the existence of optimal time-consistent implicit contracts between the young parent and the yet-to-be-born child could nullify the long-run effects of income taxes on human-capital investment and growth. Implications for the Ricardian equivalence theorem are also discussed. © 2006 Elsevier B.V. All rights reserved.
Persistent Identifierhttp://hdl.handle.net/10722/85528
ISSN
2015 Impact Factor: 0.603
2015 SCImago Journal Rankings: 0.612
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorYuen, CWen_HK
dc.date.accessioned2010-09-06T09:06:12Z-
dc.date.available2010-09-06T09:06:12Z-
dc.date.issued2007en_HK
dc.identifier.citationEconomics Letters, 2007, v. 95 n. 1, p. 25-31en_HK
dc.identifier.issn0165-1765en_HK
dc.identifier.urihttp://hdl.handle.net/10722/85528-
dc.description.abstractWe provide an example whereby the existence of optimal time-consistent implicit contracts between the young parent and the yet-to-be-born child could nullify the long-run effects of income taxes on human-capital investment and growth. Implications for the Ricardian equivalence theorem are also discussed. © 2006 Elsevier B.V. All rights reserved.en_HK
dc.languageengen_HK
dc.publisherElsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/ecoleten_HK
dc.relation.ispartofEconomics Lettersen_HK
dc.rightsEconomics Letters. Copyright © Elsevier BV.en_HK
dc.subjectIncome taxen_HK
dc.subjectIntergenerational contractsen_HK
dc.subjectNeutralityen_HK
dc.titleYet another long-run neutrality result: Absence of tax-induced growth effects under implicit intergenerational contractsen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0165-1765&volume=95&spage=25&epage=31&date=2007&atitle=Yet+Another+Long-Run+Neutrality+Result:+Absence+of+Tax-Induced+Growth+Effects+under+Implicit+Intergenerational+Contractsen_HK
dc.identifier.emailYuen, CW: cwyuen@hku.hken_HK
dc.identifier.authorityYuen, CW=rp01123en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1016/j.econlet.2006.09.008en_HK
dc.identifier.scopuseid_2-s2.0-33947202124en_HK
dc.identifier.hkuros132189en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-33947202124&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume95en_HK
dc.identifier.issue1en_HK
dc.identifier.spage25en_HK
dc.identifier.epage31en_HK
dc.identifier.isiWOS:000245821000005-
dc.publisher.placeNetherlandsen_HK
dc.identifier.scopusauthoridYuen, CW=7101633296en_HK

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