Intertemporal equilibrium with physical capital and financial asset: role of dividend taxation

Ngoc-Sang Pham

MPRA Paper from University Library of Munich, Germany

Abstract: The paper introduces dividend taxation and productive government spending in an infinite-horizon general equilibrium model with heterogeneous agents and financial market imperfections. We point out that imposing a dividend tax and using the revenue from this tax to finance productive government spending may prevent economic recession and promote economic growth. We also investigate the issue of optimal dividend taxation and the role of dividend taxation on the asset price bubble.

Keywords: Intertemporal equilibrium; recession; economic growth; productive government spending; dividend taxation; asset price bubbles (search for similar items in EconPapers)
JEL-codes: D5 D9 E4 E44 O4 (search for similar items in EconPapers)
Date: 2023-03-01
New Economics Papers: this item is included in nep-acc, nep-dge and nep-fdg
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/117131/1/Dividend-taxation-RR2.pdf original version (application/pdf)

Related works:
Journal Article: Intertemporal equilibrium with physical capital and financial asset: Role of dividend taxation (2023)
Working Paper: Intertemporal equilibrium with physical capital and financial asset: role of dividend taxation (2023)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:117131

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().