It takes the average reader and 39 minutes to read Growth Effects of Income and Consumption Taxes by Mr.Gian Milesi-Ferretti
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The effects of income and consumption taxation are examined in the context of models in which the growth process is driven by the accumulation of human and physical capital. The different channels through which these taxes affect economic growth are discussed, and it is shown that in general the taxation of factor incomes (human and physical capital) is growth-reducing. The effects of consumption taxation on growth depend crucially on the elasticity of labor supply, and therefore on the specification of the leisure activity. The paper also derives some implications for the optimal intertemporal choice of tax instruments.
Growth Effects of Income and Consumption Taxes by Mr.Gian Milesi-Ferretti is 38 pages long, and a total of 9,804 words.
This makes it 13% the length of the average book. It also has 12% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 53 minutes to read Growth Effects of Income and Consumption Taxes aloud.
Growth Effects of Income and Consumption Taxes is suitable for students ages 8 and up.
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