The Comparison between the Welfare Cost of Seignorage Tax and Consumption Tax: The CIA Approach Iran Case Study
Autor: | Mina Shafieizadeh, Rahim Dallali Esfahani, mohammad vaez barazani |
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Jazyk: | perština |
Rok vydání: | 2015 |
Předmět: | |
Zdroj: | مدلسازی اقتصادسنجی, Vol 1, Iss 3, Pp 43-65 (2015) |
Druh dokumentu: | article |
ISSN: | 2345-654X 2821-2150 |
DOI: | 10.22075/jem.2017.1510 |
Popis: | This study using the CIA model to compare the welfare cost of seigniorage tax and consumption tax for the Iranian economy. Therefore, after a brief discussion of the CIA model is a perfect representation of the model. Finally, the model is calibrated for the economy and the results of the calibration is the following: In the short-term and emergency situation the government needs to finance its budget deficit, welfare cost of finance through seigniorage tax less than the cost of finance welfare through consumption taxes. Long-term and stable situation, seigniorage tax replacement strategy rather than consumption taxes impose costs on society's welfare. |
Databáze: | Directory of Open Access Journals |
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