Equity and efficiency aspects of the Italian debt reduction

Economic Modelling

Volumn 16, Issue 4, 1999, Pages 569-589

  Fehr, Hans ^a   Ruocco, Anna ^a  

^a UNIVERSITY OF TÜBINGEN   (Germany)

Author keywords

Debt reduction; Intra and intergenerational incidence

Indexed keywords

EID: 0347507715     PISSN: 02649993     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0264-9993(99)00015-2     Document Type: Article

References (23)

1. Altig, D., Auerbach, A.J., Kotlikoff, L.J., Smetters, K.A., Walliser, J., 1997. Simulating U.S. tax reform. NBER Working Paper 6248, Cambridge.
2. Auerbach, A.J., Kotlikoff, L.J., 1987. Dynamic fiscal policy. Cambridge.
3. Barro, R.J., 1974. Are government bonds net wealth? J. Polit. Econ. 82, 1095-1118.
4. Blanchard, O.J., 1985. Debt, deficits and finite horizons. J. Polit. Econ. 93, 223-247.
5. Chernick, H., Reschovsky, A., 1996. Measuring consumption tax burdens: revisiting the annual income - lifetime income debate. In: National Tax Association. Proceedings of the Eighty-eight Annual Conference, pp. 130-137.
6. European Monetary Institute, 1998, Convergence report, Frankfurt.
7. Fehr, H., Kotlikoff, L.J., 1996. Generational accounting in general equilibrium. Finanzarchiv 53, 1-27.
8. Fehr, H., Ruocco, A., 1997. Equity and efficiency aspects of Italian debt reduction. Tübinger Diskussionsbeiträge Nr. 104, University of Tübingen.
9. Fehr, H., Wiegard, W., 1998. German income tax reforms: Separating efficiency from redistribution. In: Fossati, A., Hutton, J. (Eds.), Policy simulation in the European Union. London, pp. 235-263, forthcomming.
10. Fullerton, D., Rogers, D.L., 1993. Who bears the lifetime tax burden? Washington.
11. Hayashi, F., 1982. Tobin's marginal q and average q: A neoclassical interpretation. Econometrica 50, 213-224.
12. Jäger, A., Keuschnigg, C., 1991/1992. The burden of public debt in open economies. Finanzarchiv 49, 181-201.
13. James, S., 1994. Debt reduction with distorting taxes and incomplete Ricardianism: A computable dynamic general equilibrium analysis. In: Robson, B.P., Scarth, W.M. (Eds.), Deficit reduction - what pain, what gain? Toronto, pp. 279-319.
14. Jensen, S.E.H., 1997. Debt reduction, wage formation and intergenerational welfare. In: Broer, D.P., Lassila, J. (Eds.), Pension systems, taxation and public debt in dynamic CGE models. Heidelberg, pp. 167-189.
15. Kaounides, L.C., Wood, G.E., 1992. Debt and deficit, vol. II. Deficit finance, the new economics and the dissenters. Aldershot.
16. Kotlikoff, L.J., Smetters, K., Walliser, J., 1998. Social security: privatization and progressivity. Am. Econ. Rev. Pap. Proceed. 88, 137-141.
17. Mérette, M., 1998. The effects of debt reduction on intergenerational equity and growth. In: Corak, M. (Ed.), Government finances and generational equity. Ottawa, pp. 87-106.
18. Ministero delle Finanze, 1996. Notiziario fiscale, no. 3/4.
19. Nielsen, S.B., Sørensen, P.B., 1991. Capital income taxation in a growing open economy. Eur. Econ. Rev. 34, 179-197.
20. OECD, 1997. OECD Economic surveys 1996-1997, Italy, Paris.
21. Raffelhüschen, B., Steigum, E., 1994. Deficit spillovers, labor supply and intergenerational welfare. Discussion Paper 11/94. Norwegian School of Economics and Business Administration, Bergen.
22. Sinn, H.W., 1991. Taxation and the cost of capital: the 'old' view, the 'new' view and another view. In: Bradford, D. (Ed.), Tax policy and the economy 5. Cambridge, pp. 25-54.
23. Summers, L.H., 1981. Taxation and corporate investment: A q-theory approach. Brook. Pap. Econ. Act. 1, 67-127.