IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Amortissement fiscal et redistribution dans un modèle de croissance néoclassique

  • Günther Rehme

In this paper it is analyzed whether capital depreciation allowances are good instruments for redistribution in the long run. In a simple two-class economy it is shown that in the short run and absent optimizing behaviour accelerated depreciation is good for growth and may stabilize investment in a recession but is generally bad for redistribution. The opposite holds for capital income taxes. However, when the private sector and the government act optimally the optimal depreciation allowance is maximal in the long run. This removes the accumulation distortion of capital income taxes. Furthermore, redistribution may be nonzero, depending i.a. on the social weight of those who receive redistributive transfers, the distribution of pre-tax factor incomes, the intertemporal elasticity of substitution and the rate of time preference. It is argued that accelerated depreciation allowances, extensively used in the recent economic crisis, are an important indirect tool for redistribution. JEL Classification codes: H21, D33, O41.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=REOF_116_0367
Download Restriction: free

File URL: http://www.cairn.info/revue-de-l-ofce-2011-1-page-367.htm
Download Restriction: free

Article provided by Presses de Sciences-Po in its journal Revue de l'OFCE.

Volume (Year): n° 116 (2011)
Issue (Month): 1 ()
Pages: 367-391

as
in new window

Handle: RePEc:cai:reofsp:reof_116_0367
Contact details of provider: Web page: http://www.cairn.info/revue-de-l-ofce.htm

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

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

When requesting a correction, please mention this item's handle: RePEc:cai:reofsp:reof_116_0367. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire)

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.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.