Showing 1 - 10 of 62
This paper analyzes, in a public finance context, how the optimal use of the inflation and the consumption tax is affected by incorporating into the model constraints on policy decisions that are likely to develop in the context of the EMS by 1992. Two main questions are addressed: first, how...
Persistent link: https://www.econbiz.de/10014396346
This paper examines the possibility of ascertaining the welfare changes that occur when a consumption tax replaces an equal-yield income tax. It finds that those with saving/income ratios greater than the social saving/income ratio under the income tax will surely benefit and those with ratios...
Persistent link: https://www.econbiz.de/10014395882
This paper tests a version of Barro’s tax-smoothing model, which assumes intertemporal optimization by a government seeking to minimize the distortionary costs of taxation, using Pakistan and Sri Lankan data for 1956-95 and 1964-97, respectively. The empirical results indicate that...
Persistent link: https://www.econbiz.de/10014400655
significantly improve both redistribution and equity objectives of the Chinese authorities. This was envisaged in the 1994 fiscal …
Persistent link: https://www.econbiz.de/10014401323
The paper examines empirically the question of whether more unequal societies spend more on income redistribution than … argued that unequal societies may spend less on redistribution because of capital market imperfections. Based on different … redistribution …
Persistent link: https://www.econbiz.de/10014400085
This assessment of the implementation of the BCP in India has been completed as part of the Financial Sector Assessment …
Persistent link: https://www.econbiz.de/10012644888
This Technical Note examines India's securities market and the regulatory system overseeing the securities market and … market participants. It is based upon a mission to Mumbai, India from March 14 - 31, 2017, conducted as one component of a … occurred in India's securities markets since the last assessment and the changes that have occurred in the regulation of this …
Persistent link: https://www.econbiz.de/10012645094
It is widely perceived that competition in the Indian banking sector has increased since the inception of the financial sector reforms in 1992. Using annual data on scheduled commercial banks for the period 1996-2004, the paper evaluates the validity of this claim in the Indian context. The...
Persistent link: https://www.econbiz.de/10014400691
Organization (WTO). This paper examines the implications of China''s WTO accession for India''s trade, using both econometrics and … computable general equilibrium (CGE) models. The paper analyzes how India stands to lose or gain from China''s WTO entry in terms …
Persistent link: https://www.econbiz.de/10014400923
India faces a range of money laundering and terrorist financing risks. India continues to be a target for terrorist … groups and has been the victim of numerous attacks. Based on a threat assessment, it was found that India's major sources for … terrorist financing (FT) were funds/resources from organizations outside India, counterfeiting of currency, and criminal …
Persistent link: https://www.econbiz.de/10014402307