Posch, Olaf; Wälde, Klaus - School of Economics and Management, University of Aarhus - 2009
effects through which economies with different tax levels di er both in their volatility and growth. Using a continuous-time … in their volatility and growth. Using a
continuous-time DSGE model with plausible parametric restrictions, we obtain … likely.
Keywords: Tax e ects, Volatility measures, Poisson uncertainty, Endogenous cycles
and growth, Continuous-time DSGE …