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How would the design of an alternative minimum tax impact the effective corporate tax rate in Belgium?

Daxbek, Vincent; Estache, Antonio - C.E.P.R. Discussion Papers - 2013

tax (AMT) in Belgium with a focus on the impact on various distortions margins. In the process, we provide an up-to date … better off under an asset based AMT than under an income based AMT. But any decision on the AMT in Belgium is likely to be …

Persistent link: https://www.econbiz.de/10011084174

Efficiency and Equity Effects of Taxing the Financial Sector: Lessons from a CGE Model for Belgium

Chisari, Omar; Estache, Antonio; Nicodème, Gaëtan - C.E.P.R. Discussion Papers - 2013

This paper assesses the effects of applying VAT or a sales tax on (intermediate or final) sales of the financial sector. It uses a CGE Model calibrated for a small open economy. It highlights the differentiated sectoral and redistributional effects of these taxes and shows the importance of the...

Persistent link: https://www.econbiz.de/10011084284

Micro-Modelling of Retirement in Belgium

Dellis, Arnaud; Jousten, Alain; Perelman, Sergio - C.E.P.R. Discussion Papers - 2001

The present Paper studies the retirement incentives for elderly people in Belgium. We model the incentive structure …

Persistent link: https://www.econbiz.de/10005792016

Economic Growth in Post-War Belgium

Cassiers, Isabelle; De Ville, Philippe; Solar, Peter - C.E.P.R. Discussion Papers - 1994

Community and substantial foreign direct investment. From the mid-1970s productivity growth in the open sector remained high but …

Persistent link: https://www.econbiz.de/10005792320

Trade Crisis? What Trade Crisis?

Behrens, Kristian; Corcos, Gregory; Mion, Giordano - C.E.P.R. Discussion Papers - 2010

We provide an analysis of the 2008-2009 trade collapse using microdata from a small open economy, Belgium. First, we …

Persistent link: https://www.econbiz.de/10008466337

Investment, Resolution of Risk, and the Role of Affect

Hopfensitz, Astrid; Krawczyk, Michal; Winden, Frans … - C.E.P.R. Discussion Papers - 2008

investment task. Moreover, emotions were explicitly measured, including anticipatory emotions experienced during the waiting … measured during the experiment. Main findings are that delayed resolution can affect investment, that the effect depends on the …

Persistent link: https://www.econbiz.de/10005124205

Innovative Activity in Wind and Solar Technology: Empirical Evidence on Knowledge Spillovers Using Patent Data

Braun, Frauke G; Schmidt-Ehmcke, Jens; Zloczysti, Petra - C.E.P.R. Discussion Papers - 2010

This paper studies technological change in renewable energies, providing empirical evidence on the determinants of innovative activity with a special emphasis on the role of knowledge spillovers. We investigate two major renewable energy technologies wind and solar across a panel of 21 OECD...

Persistent link: https://www.econbiz.de/10008468596

Macroeconomic Consequences of Terror: Theory and the Case of Israel

Eckstein, Zvi; Tsiddon, Daniel - C.E.P.R. Discussion Papers - 2004

relative to the present is reduced. Hence, due to a rise in terror activity, investment goes down, and in the long run income … and welfare. Next, we show that this theory of terror and the economy helps to understand changes in trend and business …

Persistent link: https://www.econbiz.de/10005504271

Decentralized Trade, Entrepreneurial Investment and the Theory of Unemployment

Coles, Melvyn G - C.E.P.R. Discussion Papers - 1996

and investment, so it may take some time before an unemployed worker finds a job. Wages are determined by bargaining. A … subsidize entrepreneurial investment (there is a wage bargaining distortion and a search externality), simulations show that the …

Persistent link: https://www.econbiz.de/10005504418

Death and Development

Lorentzen, Peter L.; McMillan, John; Wacziarg, Romain - C.E.P.R. Discussion Papers - 2005

fertility, and lower investment in physical and human capital. Furthermore, the feedback effect from economic prosperity to …

Persistent link: https://www.econbiz.de/10005504520