It takes the average reader and 32 minutes to read Macroeconomic and Distributional Effects of Personal Income Tax Reforms by Mrs.Sandra V Lizarazo Ruiz
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This paper assesses the macroeconomic and distributional impact of personal income tax (PIT) reforms in the U.S. drawing on a multi-sector heterogenous agents model in which consumers have non-homothetic preferences and sectors differ in terms of their relative labor and skill intensity. The model is calibrated to key characteristics of the US economy. We find that (i) PIT cuts stimulate growth but the supply side effects are never large enough to offset the revenue loss from lower marginal tax rates; (ii) PIT cuts do “trickle-down” the income distribution: tax cuts stimulate demand for...
Macroeconomic and Distributional Effects of Personal Income Tax Reforms by Mrs.Sandra V Lizarazo Ruiz is 32 pages long, and a total of 8,064 words.
This makes it 11% the length of the average book. It also has 10% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read Macroeconomic and Distributional Effects of Personal Income Tax Reforms aloud.
Macroeconomic and Distributional Effects of Personal Income Tax Reforms is suitable for students ages 8 and up.
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