Tax evasion and financial repression: a reconsideration using endogenous growth models
Rangan Gupta () and
Journal of Economic Studies, 2009, vol. 36, issue 6, 660-674
Purpose - This paper aims at developing a theoretical model of a world economy characterized by tax evasion. It seeks to analyze whether financial repression can be explained by tax evasion. Design/methodology/approach - The analysis is performed in overlapping generations dynamic general equilibrium endogenous monetary growth models. Findings - The paper shows that higher degree of tax evasion within a country, resulting from a higher level of corruption and a lower penalty rate, yields higher degrees of financial repression. Practical implications - Financial repression can be explained by tax evasion but under specific conditions. Originality/value - This is the first attempt to analyze financial repression and tax evasion in an endogenous growth model.
Keywords: Economics; Tax planning; Macroeconomics (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (8) Track citations by RSS feed
Downloads: (external link)
http://www.emeraldinsight.com/10.1108/014435809110 ... RePEc&WT.mc_id=RePEc (text/html)
Access to full text is restricted to subscribers
Working Paper: Tax Evasion and Financial Repression: A Reconsideration Using Endogenous Growth Models (2008)
Working Paper: Tax evasion and financial repression: A reconsideration using endogenous growth models (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eme:jespps:v:36:y:2009:i:6:p:660-674
Ordering information: This journal article can be ordered from
Emerald Group Publishing, Howard House, Wagon Lane, Bingley, BD16 1WA, UK
Access Statistics for this article
Journal of Economic Studies is currently edited by Professor Mohsen Bahmani-Oskooee
More articles in Journal of Economic Studies from Emerald Group Publishing
Bibliographic data for series maintained by Virginia Chapman ().