The Macroeconomic and Distributional Implications of Fiscal Consolidations in Low income Countries is popular PDF and ePub book, written by Adrian Peralta-Alva in 2018-06-13, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Macroeconomic and Distributional Implications of Fiscal Consolidations in Low income Countries can be Read Online from any device for your convenience.
The Macroeconomic and Distributional Implications of Fiscal Consolidations in Low income Countries Book PDF Summary
We quantitatively investigate the macroeconomic and distributional impacts of fiscal consolidations in low-income countries (LICs) through value added tax (VAT), personal income tax (PIT), and corporate income tax (CIT). We extend the standard heterogeneous agents incomplete markets model by including multiple sectors and rural-urban distinction to capture salient features of LICs. We find that overall, VAT has the least efficiency costs but is highly regressive, while PIT impacts the economy in the opposite way with CIT staying in between. Cash transfers targeting rural households mitigate the negative distributional impacts of VAT most effectively, while public investment leads to little redistribution.
Detail Book of The Macroeconomic and Distributional Implications of Fiscal Consolidations in Low income Countries PDF
- Author : Adrian Peralta-Alva
- Release : 13 June 2018
- Publisher : International Monetary Fund
- ISBN : 9781484363034
- Genre : Business & Economics
- Total Page : 49 pages
- Language : English
- PDF File Size : 10,9 Mb
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