Rent taxation in a small open economy
Subtitle: the effect on transitional generations
By: by Marko Koethenbuerger, Panu Poutvaara.
Contributors: Poutvaara, Panu.
Series: Discussion paper -- no. 2559; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) -- no. 2559
Publisher: IZA
Published: 2007
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Taxation.; Intergenerational relations.
Description: "We show that taxation of rents may yield an intergenerational Pareto-improvement in a small open economy provided tax revenues are earmarked to reduce wage taxes. Previous literature has shown that rent taxation benefits current young and future generations, while we show that it also benefits the current old generation when the initially prevailing tax mix is sufficiently skewed towards wage taxation"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Title from PDF file as viewed on 3/19/2007.

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