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Simulating Russia's and Other Large Economies' Challenging and Interconnected Transitions / Seth G. Benzell, Eugene Goryunov, Maria Kazakova, Laurence J. Kotlikoff, Guillermo LaGarda, Kristina Nesterova, Andrey Zubarev.
- Format:
- Book
- Author/Creator:
- Benzell, Seth G.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w21269.
- NBER working paper series no. w21269
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2015.
- Summary:
- This paper develops a large-scale, dynamic life-cycle model to simulate Russia's demographic and fiscal transition under favorable and unfavorable fossil-fuel price regimes. The model includes Russia, the U.S., China, India, the EU, and Japan+ (Japan plus Korea). The model predicts dramatic increases in tax rates in the U.S., EU, India, and Russia. Indeed, the increases are so large as to question their political feasibility let alone their actual collection given the potential for tax avoidance and tax evasion.
- Notes:
- Print version record
- June 2015.
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