| Description |
1 online resource (xxiv, 247 pages) : illustrations |
| Physical Medium |
polychrome |
| Description |
text file |
| Bibliography |
Includes bibliographical references and indexes. |
| Contents |
Interest rates and tax treatment of interest income and expense / Fiscal affairs department -- Recent literature on the impact of taxation and inflation on interest rates / Uri Ben-Zion -- Recent literature on the impact of taxation and inflation on the international financial market / Uri Ben-Zion -- Level and volatility of U.S. interest rates : roles of expected inflation, real rates, and taxes / John H. Makin and Vito Tanzi -- Inflation and the incidence of income taxes on interest income in the United States, 1972-81 / Vito Tanzi -- Inflationary expectations, taxes, and the demand for money in the United States / Vito Tanzi -- Inflation, taxation, and the rate of interest in eight industrial countries, 1961-82 / Menachem Katz -- Financial market taxation and international capital flows / Mario I. Blejer -- Impact of taxation on international capital flows : some empirical results / Menachem Katz. |
| Summary |
The behavior of interest rates in major industrial countries affects capital movements and, consequently, exchange rates and trade flows. It can also influence the attitude of policymakers toward the growth of the money supply as well as the cost of servicing the external debt of the developing countries. |
|
The nine studies that comprise the book open up a new and exciting area of research in monetary-fiscal links in both closed and open economies. They integrate the theoretical effects of tax policies on interest rates and demand for money with those on exchange rates and international capital movements and analyze the impact of tax treatments of interest income and expense previling in industrial countries on macroeconomic variables. They deal, therefore, with issues that are of mutual interest to fiscal economists, monetary economists, and specialists in international trade and finance. As interest rates in industrial countries have been higher and more varaible in recent years than at any time over recent decades, these studies should be of interest to both policymakers and academicians. |
| Access |
Use copy Restrictions unspecified MiAaHDL |
| Reproduction |
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL |
| System Details |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
| Processing Action |
digitized 2010 HathiTrust Digital Library committed to preserve MiAaHDL |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
Taxation -- Effect of inflation on.
|
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Taxation -- Effect of inflation on. |
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Interest rates -- Effect of inflation on.
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Interest rates -- Effect of inflation on. |
| Genre/Form |
Electronic books.
|
| Added Author |
Tanzi, Vito, editor.
|
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International Monetary Fund, issuing body.
|
| Other Form: |
Print version: Taxation, inflation, and interest rates. Washington, D.C. : International Monetary Fund, 1984 0939934337 (DLC) 84229248 (OCoLC)11167047 |
| ISBN |
9781455229505 (electronic book) |
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1455229504 (electronic book) |
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0939934337 |
|
9780939934331 |
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0939934329 |
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9780939934324 |
|
