Published articles

Search collections:

Sort by:	Display results:	Output format:

Published articles	2 records found	Search took 0.01 seconds.

55 p, 314.9 KB

Taxing Capital? Not a Bad Idea After All! / Conesa, Juan Carlos (Universitat Autònoma de Barcelona. Departament d'Economia i d'Història Econòmica) ; Kitao, Sagiri (University of Southern California. Marshall School of Business) ; Krueger, Dirk (University of Pennsylvania. Department of Economics)
We quantitatively characterize the optimal capital and labor income tax in an overlapping generations model with idiosyncratic, uninsurable income shocks and permanent productivity differences of households. [...]
2009 - DOI (Digital Object Identifier)

10.1257/aer.99.1.25
The American economic review, Vol. 99 (1) (2009), p. 25-48

2 documents

Detailed record -

6 p, 548.1 KB

Is it too late to bail out the troubled countries in the Eurozone? / Conesa, Juan Carlos (Stony Brook University. Department of Economics) ; Kehoe, Timothy J. (University of Minnesota. Department of Economics)
In January 1995, US President Bill Clinton organized a bailout for Mexico that imposed penalty interest rates and induced the Mexican government to reduce its debt, ending the debt crisis. Can the Troika (European Commission, European Central Bank, and International Monetary Fund) organize similar bailouts for the troubled countries in the eurozone? Our analysis suggests that debt levels are so high that bailouts with penalty interest rates could induce the eurozone governments to default rather than reduce their debt. [...]
2014 - DOI (Digital Object Identifier)

10.1257/aer.104.5.88
The American economic review, Vol. 104 Núm. 5 (May 2014) , p. 88-93

Detailed record -

Interested in being notified about new results for this query?
Set up a personal email alert or subscribe to the RSS feed.