The Importance of Asymmetric Tax Policy and Dangers of Aggregation

B-Tier
Journal: Journal of Money, Credit, and Banking
Year: 2011
Volume: 43
Issue: s1
Pages: 175-205

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Existing tax policies have many complex features that make distinctions across goods, factors, and financial structures that distort economic allocations. Their importance is ignored when tax policy is summarized by an “effective” tax rate. In fact, the losses due to asymmetries are often larger than the losses due to the level of taxation.

Technical Details

RePEc Handle
repec:wly:jmoncb:v:43:y:2011:i:s1:p:175-205
Journal Field
Macro
Author Count
1
Added to Database
2026-01-25