Arbeitspapier
The optimal mix of taxes on money, consumption and income
In this paper we determine the optimal combination of taxes on money, consumption and income in transaction technology models. We show that the optimal policy does not tax money, regardless of whether the government can use the income tax, the consumption tax, or the two taxes jointly. These results are at odds with recent literature. We argue that the reason for this divergence is an inappropriate specification of the transaction technology adopted in the literature.
- Sprache
-
Englisch
- Erschienen in
-
Series: ECB Working Paper ; No. 135
- Klassifikation
-
Wirtschaft
Price Level; Inflation; Deflation
Demand for Money
Central Banks and Their Policies
Fiscal Policy
- Ereignis
-
Geistige Schöpfung
- (wer)
-
De Fiore, Fiorella
Teles, Pedro
- Ereignis
-
Veröffentlichung
- (wer)
-
European Central Bank (ECB)
- (wo)
-
Frankfurt a. M.
- (wann)
-
2002
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- De Fiore, Fiorella
- Teles, Pedro
- European Central Bank (ECB)
Entstanden
- 2002
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