Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/121939 
Year of Publication: 
Jun-2015
Series/Report no.: 
NBER Working Paper21269
Publisher: 
NBER, Cambridge Mass.
Abstract: 
This paper develops a large-scale, dynamic life-cycle model to simulate Russia’s demographic and fiscal transition under favorable and unfavorable fossil-fuel price regimes. The model includes Russia, the U.S., China, India, the EU, and Japan+ (Japan plus Korea). The model predicts dramatic increases in tax rates in the U.S., EU, India, and Russia. Indeed, the increases are so large as to question their political feasibility let alone their actual collection given the potential for tax avoidance and tax evasion.
Subjects: 
economy
transitions
JEL: 
F0
F20
H0
H2
H3
J20
URL of the first edition: 
Document Type: 
Working Paper

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