A general equilibrium model for tax policy evaluation / Charles L. Ballard ... [et al.].

Format:

Book

Author/Creator:

Ballard, Charles L., Author.

Contributor:

Ballard, Charles L.

Series:

National Bureau of Economic Research monograph.

National Bureau of Economic Research monograph

Language:

English

Subjects (All):

Taxation--United States--Mathematical models.

Taxation.

Income tax--United States--Mathematical models.

Income tax.

Physical Description:

1 online resource (x, 264 pages) : illustrations

Edition:

1st ed.

Place of Publication:

Chicago : University of Chicago Press, 1985.

Language Note:

English

Summary:

This book reports the authors' research on one of the most sophisticated general equilibrium models designed for tax policy analysis. Significantly disaggregated and incorporating the complete array of federal, state, and local taxes, the model represents the U.S. economy and tax system in a large computer package. The authors consider modifications of the tax system, including those being raised in current policy debates, such as consumption-based taxes and integration of the corporate and personal income tax systems. A counterfactual economy associated with each of these alternatives is generated, and the possible outcomes are compared.

Contents:

Frontmatter

National Bureau of Economic Research

Relation of the Directors to the Work and Publications of the National Bureau of Economic Research

Contents

Preface

1. Introduction

2. General Equilibrium Analysis of Tax Policies

3. The Single Period Submodel

Appendix: Glossary of Notation

4. Data on Intermediate Production and Value Added

Appendix A: Correspondences between Our Producer Goods and Bureau of Economic Analysis (BEA) Categories

Appendix B: Correspondences between Our Consumer Goods and Bureau of Economic Analysis (BEA) Categories

5. Data on Household Income and Expenditure, Investment, the Government, and Foreign Trade

Appendix: Correspondences between Our Consumer Goods and Bureau of Labor Statistics (BLS) Categories

6. Adjustments to the Data Set and Specification of Parameters

7. Dynamic Considerations

8. Integration of the Corporate and Personal Income Taxes

9. Replacing the Personal Income Tax with a Progressive Consumption Tax

10. The Relationship between Tax Rates and Government Revenue

11. Alternative Models of the Foreign Sector

12. Concluding Remarks

References

Index

Notes:

Description based upon print version of record.

Includes bibliographical references (p. 245-259) and index.

ISBN:

9786612069536

9781282069534

1282069535

9780226036335

0226036332

OCLC:

646810168