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"Political economy explanations for fiscal profligacy are dominated by models of bargaining among organized interest groups over group-specific targeted benefits financed by generalized taxation. These models predict that governments consisting of a coalition of political parties spend more than...
Persistent link: https://www.econbiz.de/10010520997
"The fact that raising taxes can increase taxed labor supply through income effects is frequently used to justify much lower measures of the marginal welfare cost of taxes and greater public good provision than indicated by traditional, compensated analyses. The authors confirm that this...
Persistent link: https://www.econbiz.de/10010522500
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state governments. After briefly reviewing some of the many administrative difficulties experienced with the tax, they turn … middle-income developing countries. With these high rates, the authors find that while the tax has become the third largest … current high duty rates, coupled with weak tax administration, lead to widespread evasion of the tax through underdeclaration …
Persistent link: https://www.econbiz.de/10010522921
The main message of this report is that Pakistan can take measures to increase the tax to gross domestic product (GDP …, Pakistan needs to embrace substantial changes in tax policy aimed at increasing the buoyancy of the tax system, broadening the … tax bases, reducing distortions and phasing out exemptions. Such tax reforms are also required to deal with the risks …
Persistent link: https://www.econbiz.de/10012550857
The main message of this report is that Pakistan can take measures to increase the tax to gross domestic product (GDP …, Pakistan needs to embrace substantial changes in tax policy aimed at increasing the buoyancy of the tax system, broadening the … tax bases, reducing distortions and phasing out exemptions. Such tax reforms are also required to deal with the risks …
Persistent link: https://www.econbiz.de/10012550858
Ghana's tax collection is low compared with other lower middle-income countries. Non-compliance of tax payments is an … from experiences in other countries, this report proposes potential interventions that could improve tax compliance …
Persistent link: https://www.econbiz.de/10012647674
power in the loan market results in riskier loan portfolios, the overall risks of banks need not increase if banks protect …, as well as indicators of the business environment, using data for 8,235 banks in 23 developed nations. The results … suggest that - consistent with the traditional "competition-fragility" view - banks with a greater degree of market power also …
Persistent link: https://www.econbiz.de/10010521063
(PCR) data were performed in collaboration with the central banks in Argentina, Brazil, and Mexico. The results of the …
Persistent link: https://www.econbiz.de/10010522892
Persistent link: https://www.econbiz.de/10010526006