Objetivo
The proposed project aims to develop a dynamic macroeconomic model that incorporates progressive taxation and income distribution. For this purpose, it will focus on endogenous growth models with heterogeneous agents and complete asset markets. This model will be used to analyze the aggregate and distributional effects of income tax policy in European economies with respect to major socioeconomic issues such as the declining working hours, income inequality-economic growth relationship, and tax reform proposals. Moreover, the effects of informality will be analyzed for countries with big informal sectors such as Greece, Italy, and Turkey. The proposed project is novel in two main aspects: (1) methodologically, it advances the literature on heterogeneous agent models with complete asset markets and (2) the developed model will be used to analyze important policy issues for Europe that are not discussed at length in a dynamic general equilibrium setting yet.
Ámbito científico
Convocatoria de propuestas
FP7-PEOPLE-2010-RG
Consulte otros proyectos de esta convocatoria
Régimen de financiación
MC-IRG - International Re-integration Grants (IRG)Coordinador
34342 Istanbul
Turquía