Matches in SemOpenAlex for { <https://semopenalex.org/work/W3203669339> ?p ?o ?g. }
- W3203669339 abstract "This paper studies household spending responses to anticipated changes in the consumption tax. To do so, I construct a life-cycle heterogeneous-agent general equilibrium model with durables. The model features a wedge in durable transactions that reflects the actual consumption tax system: households pay the tax when buying the durables but do not receive the tax when selling them. There are three main findings. First, the baseline model reproduces an empirically consistent dynamic pattern of tax elasticity of the taxable spendings. Second, I find that life-cycle is a key component to match the level of tax elasticity of durable spending. Third, the baseline model generates smaller stockpiling of durables based on realistic motive than a model without the wedge. I then use the model for two counter-factual experiments.The first counter-factual experiment finds that the effect of a consumption tax cut is not symmetric to the tax hike. The second counter-factual experiment which compares a one-time tax hike and a multiple-times tax hike shows the multiple-times tax hike scheme generates smaller welfare cost than one-time tax hike." @default.
- W3203669339 created "2021-10-11" @default.
- W3203669339 creator A5075526365 @default.
- W3203669339 date "2021-01-01" @default.
- W3203669339 modified "2023-09-23" @default.
- W3203669339 title "A Model of Anticipated Consumption Tax Changes" @default.
- W3203669339 cites W110741159 @default.
- W3203669339 cites W1547273335 @default.
- W3203669339 cites W1589991008 @default.
- W3203669339 cites W1974969897 @default.
- W3203669339 cites W1986339854 @default.
- W3203669339 cites W1991702097 @default.
- W3203669339 cites W1994775431 @default.
- W3203669339 cites W2018500478 @default.
- W3203669339 cites W2018839332 @default.
- W3203669339 cites W2020908211 @default.
- W3203669339 cites W2028004409 @default.
- W3203669339 cites W2040785381 @default.
- W3203669339 cites W2044555121 @default.
- W3203669339 cites W2052249731 @default.
- W3203669339 cites W2066351158 @default.
- W3203669339 cites W2075131374 @default.
- W3203669339 cites W2087692048 @default.
- W3203669339 cites W2097619465 @default.
- W3203669339 cites W2103649432 @default.
- W3203669339 cites W2117338258 @default.
- W3203669339 cites W2117338956 @default.
- W3203669339 cites W2121063580 @default.
- W3203669339 cites W2121414958 @default.
- W3203669339 cites W2123494959 @default.
- W3203669339 cites W2133854120 @default.
- W3203669339 cites W2144969436 @default.
- W3203669339 cites W2147993038 @default.
- W3203669339 cites W2151001799 @default.
- W3203669339 cites W2162400495 @default.
- W3203669339 cites W2165362246 @default.
- W3203669339 cites W2166946014 @default.
- W3203669339 cites W2175193649 @default.
- W3203669339 cites W2185580901 @default.
- W3203669339 cites W2218083010 @default.
- W3203669339 cites W2270435006 @default.
- W3203669339 cites W2520604396 @default.
- W3203669339 cites W2587994058 @default.
- W3203669339 cites W2588393840 @default.
- W3203669339 cites W2605144497 @default.
- W3203669339 cites W2742032842 @default.
- W3203669339 cites W2748195273 @default.
- W3203669339 cites W2783465145 @default.
- W3203669339 cites W2802229169 @default.
- W3203669339 cites W3023539261 @default.
- W3203669339 cites W3095053829 @default.
- W3203669339 cites W3121315173 @default.
- W3203669339 cites W3121735356 @default.
- W3203669339 cites W3122059539 @default.
- W3203669339 cites W3122976614 @default.
- W3203669339 cites W3123177514 @default.
- W3203669339 cites W3124309760 @default.
- W3203669339 cites W3124668543 @default.
- W3203669339 cites W3126008472 @default.
- W3203669339 cites W3199795688 @default.
- W3203669339 cites W3199955898 @default.
- W3203669339 cites W4211217914 @default.
- W3203669339 cites W4229654752 @default.
- W3203669339 cites W4230537431 @default.
- W3203669339 cites W4254792446 @default.
- W3203669339 cites W4255572647 @default.
- W3203669339 cites W4289307132 @default.
- W3203669339 doi "https://doi.org/10.2139/ssrn.3863837" @default.
- W3203669339 hasPublicationYear "2021" @default.
- W3203669339 type Work @default.
- W3203669339 sameAs 3203669339 @default.
- W3203669339 citedByCount "0" @default.
- W3203669339 crossrefType "journal-article" @default.
- W3203669339 hasAuthorship W3203669339A5075526365 @default.
- W3203669339 hasBestOaLocation W32036693392 @default.
- W3203669339 hasConcept C100001284 @default.
- W3203669339 hasConcept C144024400 @default.
- W3203669339 hasConcept C144133560 @default.
- W3203669339 hasConcept C162324750 @default.
- W3203669339 hasConcept C2776762034 @default.
- W3203669339 hasConcept C30772137 @default.
- W3203669339 hasConcept C36289849 @default.
- W3203669339 hasConcept C551662922 @default.
- W3203669339 hasConcept C55214782 @default.
- W3203669339 hasConceptScore W3203669339C100001284 @default.
- W3203669339 hasConceptScore W3203669339C144024400 @default.
- W3203669339 hasConceptScore W3203669339C144133560 @default.
- W3203669339 hasConceptScore W3203669339C162324750 @default.
- W3203669339 hasConceptScore W3203669339C2776762034 @default.
- W3203669339 hasConceptScore W3203669339C30772137 @default.
- W3203669339 hasConceptScore W3203669339C36289849 @default.
- W3203669339 hasConceptScore W3203669339C551662922 @default.
- W3203669339 hasConceptScore W3203669339C55214782 @default.
- W3203669339 hasLocation W32036693391 @default.
- W3203669339 hasLocation W32036693392 @default.
- W3203669339 hasLocation W32036693393 @default.
- W3203669339 hasOpenAccess W3203669339 @default.
- W3203669339 hasPrimaryLocation W32036693391 @default.
- W3203669339 hasRelatedWork W1573089363 @default.
- W3203669339 hasRelatedWork W1995131616 @default.