Advanced Search
MyIDEAS: Login

The Impact of Changes in Expected Marginal Tax Rates on Nominal Interest Rates

Contents:

Author Info

  • Hosek, William R.

    (College of Business Administration, California State University)

  • Zahn, Frank

    () (Department of Economics, University of Nebrasca)

Registered author(s):

    Abstract

    This paper provides a structural analysis of the principal allocative and aggre¬gate effects of changes in marginal tax rates on nominal interest rates. Over the sample period the sensitivity of the nominal interest rate to changes in the marginal tax rate rises and falls with the nominal interest rate, suggesting that during periods of rising nominal interest rates, higher marginal tax rates may not help to reduce the government deficit. However, as nominal interest rates fall, the aggregate effects of higher marginal tax rates become relatively larger than the allocative effects, suggesting that nominal interest rates become less sensitive to changes in marginal tax rates and higher marginal tax rates may help to reduce the government deficit.

    Download Info

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Bibliographic Info

    Article provided by Camera di Commercio di Genova in its journal Economia Internazionale / International Economics.

    Volume (Year): 50 (1997)
    Issue (Month): 3 ()
    Pages: 427-436

    as in new window
    Handle: RePEc:ris:ecoint:0331

    Contact details of provider:
    Postal: Via Garibaldi 4, 16124 Genova, Italy
    Phone: +39 010 27041
    Email:
    Web page: http://www.ge.camcom.it/IT/Tool/Modulistica

    Related research

    Keywords:

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ris:ecoint:0331

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Angela Procopio).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.