How Long to Read On Noncooperative Capital Income Taxation in Open Economies

How Long Does it Take to Read On Noncooperative Capital Income Taxation in Open Economies?

It takes the average reader and 40 minutes to read On Noncooperative Capital Income Taxation in Open Economies by Kenneth Kletzer

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

Description

This paper discusses the strategic use of capital income taxation and lump-sum fiscal policies for gaining national advantage in an integrated world capital market. Each fiscal authority seeks to maximize a social welfare function defined over the utilities of home country residents incorporating national redistributing objectives. A national optimum policy is to impose a non-discriminatory source-based capital income tax or subsidy along with an optimal lump-sum tax and transfer plan. Residence-based capital income taxes do not augment the set of lump-sum fiscal instruments, although both policies can be used to influence the world interest rate to national advantage, redistributing welfare internationally. When unrestricted lump-sum fiscal policies are unavailable, source-based capital income taxes may be needed to achieve distributional objectives, so that departures from global production efficiency can arise in a cooperative equilibrium.

How long is On Noncooperative Capital Income Taxation in Open Economies?

On Noncooperative Capital Income Taxation in Open Economies by Kenneth Kletzer is 40 pages long, and a total of 10,000 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 On Noncooperative Capital Income Taxation in Open Economies Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 54 minutes to read On Noncooperative Capital Income Taxation in Open Economies aloud.

What Reading Level is On Noncooperative Capital Income Taxation in Open Economies?

On Noncooperative Capital Income Taxation in Open Economies 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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