作者：Boadway, R; Marchand, M; Vigneault, M
作者单位：Bishops University; Queens University - Canada; Universite Catholique Louvain
摘要：Tax and expenditure policies are studied in a federation with imperfectly mobile households. States implement a linear progressive tax and supply a public good. A vertical fiscal externality, reflecting the effect of state policies on federal revenues, provides an incentive for state taxes to be too progressive. A horizontal fiscal externality causes nonoptimal state taxes and expenditures because of the migration effect. The federal government implements its own Linear progressive tax and mak...
作者：Zhang, J
作者单位：University of Dundee
摘要：Empirical findings reveal that the relationship between private and public consumption generically differs from country to country: it is substitutable for some, while it is complementary for others. The present paper incorporates this regularity into a simple growth model with public goods which affect utility and production. The model casts off the standard assumption of socially constant returns to scale, and as a result it generates many interesting dynamic features, which do not arise wit...
