| dc.contributor | 財政系 | en_US |
| dc.creator (作者) | Yang, C. C.;Teo, Wing Leong | en_US |
| dc.date (日期) | 2011 | en_US |
| dc.date.accessioned | 11-Dec-2014 12:17:34 (UTC+8) | - |
| dc.date.available | 11-Dec-2014 12:17:34 (UTC+8) | - |
| dc.date.issued (上傳時間) | 11-Dec-2014 12:17:34 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/71975 | - |
| dc.description.abstract (摘要) | Ramsey taxes are commodity taxes that minimize deadweight loss. Evidence has shown dramatic differences in the extent of price rigidity across goods: while the prices of some goods change frequently, the prices of other goods seldom change. This paper examines Ramsey taxes in the presence of heterogeneous price rigidity. We find that, to minimize deadweight loss, lower (higher) tax rates should be imposed on goods with rigid prices if their relative prices are too high (low) relative to the would-be situation of no price stickiness. Intuitively, Ramsey taxes remedy the relative price distortion caused by the price rigidity of some goods. We calibrate our model to data from Taiwan and the USA, showing a significant cut in welfare cost if Ramsey rather than uniform taxes are applied. \ | en_US |
| dc.format.extent | 114 bytes | - |
| dc.format.mimetype | text/html | - |
| dc.language.iso | en_US | - |
| dc.relation (關聯) | Pacific Economic Review, 17(2), 231-256. | en_US |
| dc.subject (關鍵詞) | Studies; Commodities; Taxation; Price elasticity; Welfare economics | en_US |
| dc.title (題名) | Ramsey Taxes Meet Price Rigidity | en_US |
| dc.type (資料類型) | article | en |
| dc.identifier.doi (DOI) | 10.1111/j.1468-0106.2012.00581.x | en_US |
| dc.doi.uri (DOI) | http://dx.doi.org/10.1111/j.1468-0106.2012.00581.x | en_US |
