Showing 1 - 10 of 16
This paper analyses some fiscal aspects of mortgage debt in the EU. It first describes the main fiscal instruments that governments use to affect mortgage-financed home-ownership. In the empirical part, real mortgage debt growth is analysed for 15 EU countries using pooled regressions. Fiscal...
Persistent link: https://www.econbiz.de/10011604572
crisis. In particular, it reviews the existing evidence on the links between taxes and many characteristics of the crisis …
Persistent link: https://www.econbiz.de/10010266095
and higher taxes in the future. This paper uses the institutional setting of German fiscal federalism to its advantage in …
Persistent link: https://www.econbiz.de/10012844209
This paper presents new evidence on the impact of the preferential treatment of owner-occupied housing in Europe. We find that tax benefits to homeowners reduce the user cost of housing capital by almost 40 percent compared to the efficient level under neutral taxation. On average, the tax...
Persistent link: https://www.econbiz.de/10012952182
trade costs and taxes in internal devaluations, which have been brought to the fore of international policy during the … Keynesian small open economy model with sticky wages and prices, incorporating trade costs and indirect taxes (allowing for VAT …; trade costs explain the failure to substantially raise exports, and taxes the initial small fall in exports …
Persistent link: https://www.econbiz.de/10012956287
avoidance; but, if online firms remit taxes, online sales may put upward pressure on tax rates because internet sales help … enforce destination-based taxes. I find that higher internet penetration generally results in lower municipal tax rates, but … raises tax rates in some jurisdictions. The latter effect emerges in states where many online vendors remit taxes. A one …
Persistent link: https://www.econbiz.de/10013240113
benchmark parameters, we find that the US can increase tax revenues by 30% by raising labor taxes and 6% by raising capital … income taxes. For the EU-14 we obtain 8% and 1%. Denmark and Sweden are on the wrong side of the Laffer curve for capital …
Persistent link: https://www.econbiz.de/10013145143
We exploit the unexpected announcement of an immediate, temporary VAT cut in Germany in the second half of 2020 as a natural experiment to study the spending response to unconventional fiscal policy. We use survey and scanner data on households’ consumption expenditures and their perceived...
Persistent link: https://www.econbiz.de/10013314690
consumption taxes in total tax revenues increases and this process have triggered higher tax burden on labor in most of the EU …
Persistent link: https://www.econbiz.de/10013314956
We exploit the 2017 US tax reform to learn about the tax-competitiveness of US multinational corporations (MNCs) relative to their international peers. Matching on the propensity score, we compare pairs of similar US and European firms listed on the S&P500 or StoxxEurope600 in a...
Persistent link: https://www.econbiz.de/10014254211