文章基本信息

标题：The Intergenerational Effects of Tax Policy in an Overlapping Generations Model with Housing Assets
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作者：YOUNG WOOK LEE
期刊名称：KDI Journal of Economic Policy
印刷版ISSN：2586-2995
电子版ISSN：2586-4130
出版年度：2018
卷号：40
期号：2
页码：53-73
DOI：10.23895/kdijep.2019.41.4.12
语种：English
出版社：Korea Development Institute
摘要：Using an overlapping generations model,this paper examines tax policy effects across generations.The model incorporates housing assets separately from capital assets and includes taxes on labor income,capital income,consumption and housing assets.Tax reforms for each tax rate have different effects on tax burdens across generations and the overall efficiency of the economy,leading to different welfare costs for generations.Specifically,raising housing property taxes results in the smallest welfare loss by future generations, as in the model it does not hurt economic efficiency and the tax burden increases mainly for the elderly,who have accumulated housing assets in preparation for retirement.
关键词：Tax Policy;Life Cycle;Generation;Housing