Financial repression and optimal taxation

被引：10

作者：

Bai, CE

Li, DD

Qian, YY ^{[1
]}

Wang, YJ

机构：

[1] Univ Maryland, Dept Econ, College Pk, MD 20742 USA

[2] Univ Hong Kong, Sch Econ & Finance, Hong Kong, Peoples R China

[3] Hong Kong Univ Sci & Technol, Dept Econ, Hong Kong, Peoples R China

[4] Univ Minnesota, Carlson Sch Management, Minneapolis, MN 55455 USA

[5] Univ Minnesota, Ctr Ind Relat, Minneapolis, MN 55455 USA

来源：

ECONOMICS LETTERS | 2001年 / 70卷 / 02期

关键词：

financial repression; savings tax; optimal taxation; flat tax;

D O I：

10.1016/S0165-1765(00)00358-X

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Financial repression entails an implicit taxation on savings. When effective income-tax rates are very uneven, as common in developing countries, raising some government revenue through mild financial repression can be more efficient than collecting income tax only. (C) 2000 Elsevier Science BN. All rights reserved.

引用

页码：245 / 251

页数：7