search query: @indexterm taxation / total: 1872
reference: 474 / 1872
| Author: | Ohsawa, T. |
| Title: | Effects of capital income taxes on welfare in an overlapping-generations model |
| Journal: | Japanese Economic Review
2000 : JUN, VOL. 51:2, p. 236-251 |
| Index terms: | Capital Incomes Taxation Models |
| Language: | eng |
| Abstract: | This paper describes the short-run and long-run effects of various capital income taxes on welfare using an overlapping-generations model according to the 'new view. It is in the nature of a survey, because some of the results from seminal papers in this field can be achieved, under weaker assumptions. The paper reaches the paradoxical and intriguing conclusion that the distortionary effects of dividend tax in the long run and of capital gains tax in the short run improve economic welfare, and exceed the income effects. |
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