TARIFFS AND SAVING IN A MODEL WITH NEW GENERATIONS

被引:22
作者
ENGEL, C [1 ]
KLETZER, K [1 ]
机构
[1] YALE UNIV,NEW HAVEN,CT 06520
关键词
D O I
10.1016/0022-1996(90)90050-V
中图分类号
F [经济];
学科分类号
02 ;
摘要
We explore how a tariff may affect saving through intergenerational redistribution of income that is caused by changes in factor prices and by the distribution of tariff revenue. The model is a Blanchard-style overlapping generations model. Two types of revenue distribution schemes are examined: lump-sum distribution of current revenues to currently living individuals, and distribution as a subsidy to holders of physical wealth. Under both schemes the government budget is continuously balanced. We draw some general conclusions about the non-neutralities that arise in this type of model as opposed to single-generation models, or models in which perfect bequest motives exist. © 1990.
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收藏
页码:71 / 91
页数:21
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