How Long to Read Do Temporary Business Tax Cuts Matter? A General Equilibrium Analysis

How Long Does it Take to Read Do Temporary Business Tax Cuts Matter? A General Equilibrium Analysis?

It takes the average reader and 40 minutes to read Do Temporary Business Tax Cuts Matter? A General Equilibrium Analysis by William Gbohoui

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper develops a dynamic general equilibrium model to assess the effects of temporary business tax cuts. First, the analysis extends the Ricardian equivalence result to an environment with production and establishes that a temporary tax cut financed by a future tax-increase has no real effect if the tax is lump-sum and capital markets are perfect. Second, it shows that in the presence of financing frictions which raise the cost of investment, the policy temporarily relaxes the financing constraint thereby reducing the marginal cost of investment. This direct effect implies positive marginal propensities to invest out of tax cuts. Third, when the tax is distortionary, the expectation of high future tax rates reduces the expected marginal return on investment mitigating the direct stimulative effects.

How long is Do Temporary Business Tax Cuts Matter? A General Equilibrium Analysis?

Do Temporary Business Tax Cuts Matter? A General Equilibrium Analysis by William Gbohoui is 39 pages long, and a total of 10,101 words.

This makes it 13% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read Do Temporary Business Tax Cuts Matter? A General Equilibrium Analysis Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 55 minutes to read Do Temporary Business Tax Cuts Matter? A General Equilibrium Analysis aloud.

What Reading Level is Do Temporary Business Tax Cuts Matter? A General Equilibrium Analysis?

Do Temporary Business Tax Cuts Matter? A General Equilibrium Analysis is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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