Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/205631
Authors: 
Ball, Christopher
Creedy, John
Year of Publication: 
2013
Series/Report no.: 
New Zealand Treasury Working Paper No. 13/07
Publisher: 
New Zealand Government, The Treasury, Wellington
Abstract: 
This paper considers the extent to which the standard argument, that the disproportionate excess burden of taxation suggests the use of tax-smoothing in the face of future cost increases, is modified by uncertainty regarding the future. The role of uncertainty and risk aversion are examined using several highly simplified models involving a possible future contingency requiring an increase in tax-financed expenditure.
Subjects: 
Tax Smoothing
Uncertainty
Risk Aversion
Excess Burden
JEL: 
H20
D81
D90
ISBN: 
978-0-478-40304-6
Creative Commons License: 
https://creativecommons.org/licenses/by/4.0/
Document Type: 
Working Paper

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