How Long to Read Taxation and Endogenous Growth in Open Economies

How Long Does it Take to Read Taxation and Endogenous Growth in Open Economies?

It takes the average reader and 38 minutes to read Taxation and Endogenous Growth in Open Economies by Mr.Gian Milesi-Ferretti

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

Description

This paper examines the effects of taxation of human capital, physical capital and foreign assets in a multi-sector model of endogenous growth. It is shown that in general the growth rate is reduced by taxes on capital and labor (human capital) income. When the government faces no borrowing constraints and is able to commit to a given set of present and future taxes, it is shown that the optimal tax plan involves high taxation of both capital and labor in the short run. This allows the government to accumulate sufficient assets to finance spending without any recourse to distortionary taxation in the long run. When restrictions to government borrowing and lending are imposed, the model implies that human and physical capital should be taxed similarly.

How long is Taxation and Endogenous Growth in Open Economies?

Taxation and Endogenous Growth in Open Economies by Mr.Gian Milesi-Ferretti is 37 pages long, and a total of 9,509 words.

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

How Long Does it Take to Read Taxation and Endogenous Growth in Open Economies Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 51 minutes to read Taxation and Endogenous Growth in Open Economies aloud.

What Reading Level is Taxation and Endogenous Growth in Open Economies?

Taxation and Endogenous Growth 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.

Where Can I Buy Taxation and Endogenous Growth in Open Economies?

Taxation and Endogenous Growth in Open Economies by Mr.Gian Milesi-Ferretti is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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